Tuesday, January 29, 2019
The Fall of Davos Man
The Fall of Davos Man: Global elites must either commit to pushing for broader prosperity and democracy, or watch as trade wars, capital controls, and isolationism erode global prosperity.
Robert Reich
Robert Reich
Robert Reich’s survival guide to 2 more years of Trump
Robert Reich’s survival guide to 2 more years of Trump: It's doubtful Trump will be leaving anytime soon. Even an impeachment will drag out for a long time. Here are 7 suggestions for what to do to survive in the meantime.
Thursday, January 24, 2019
Elizabeth Warren's Tax Plan
here's something to think about:
Right now, an heir with $500 million in yachts and fine art and a public school teacher with no savings can pay the same amount in federal taxes. The reason? Because people pay federal taxes on their income, not on their wealth. So if that heir and that teacher both make $50,000 in a year, the federal government sees no difference between them. This isn’t an oversight, it’s on purpose. It’s because the rich and powerful run Washington, and they make sure the rules are written to benefit themselves. The top 0.1% of American families – the richest 1 in 1,000 – now have nearly the same amount of wealth as the bottom 90% of American families combined. Meanwhile, for everyone else, opportunity is slipping away. This is bad for our society, bad for our economy, and bad for our democracy. We need structural change to fix it. A lot of rich and powerful people won’t like it, but I don’t work for them. We’ll only get this done if this grassroots movement demands it. Sign our petition if you agree: It’s time to tax the wealth of the top 0.1%. |
Tuesday, January 22, 2019
The Rich grow richer.
The top 26 billionaires own $1.4 trillion — as much as 3.8 billion other people
De Blasio(CNN Business)The world's billionaires are growing $2.5 billion richer every day, while the poorest half of the global population is seeing its net worth dwindle.
Billionaires, who now number a record 2,208, have more wealth than ever before, according to an Oxfam International report published Monday. Since the global financial crisis a decade ago, the number of billionaires has nearly doubled.
The annual study was released ahead of the yearly World Economic Forum in Davos, Switzerland, which brings together some of the wealthiest and most influential people on Earth. The 106-page report is meant to call attention to the growing gap between rich and poor.
Oxfam report
Monday, January 21, 2019
Thursday, January 17, 2019
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