Collective Fortune of 10 Richest Americans More Than Doubled Since Start of the Pandemic in March 2020, to $1.35 Trillion; With Every Passing Second, $12,600 Wealthier WASHINGTON, D.C.—As the World Economic Forum, criticized “as an elitist gathering of the super-rich,” met virtually … Continued
Posted at https://www.commondreams.org/news/2021/04/15/719-billionaires-now-own-four-times-more-wealth-poorest-165-million-americans Published on Thursday, April 5, 2021 by Common Dreams “Congress should act to restore taxes on the wealthy and limit further democracy-distorting concentrations of wealth and power.” By Jake Johnson, staff writer A demonstrator holding a sign … Continued
From Americans for Tax Fairness (https://americansfortaxfairness.org/): Tracks Their 30-Year Growth, Real-Time Size, & Political Influence They Buy—Vital Info As America Grapples With Race, Recession, Economic Injustice & Reforming the Tax System WASHINGTON—A new website launched today provides in-depth insights into the startling … Continued
06-08-20 The richest Americans continue to get richer, while 21 million Americans are on unemployment. BY KRISTIN TOUSSAINT As millions of unemployed Americans bear the brunt of economic fallout from the COVID-19 pandemic, U.S. billionaires have seen the opposite: a massive … Continued
Posted in https://www.commondreams.org/news/2020/05/28/grotesque-while-41-million-people-lost-jobs-due-covid-19-us-billionaires-grew-nearly Published on Thursday, May 28, 2020 by Common Dreams “Billionaire wealth is surging at the same time that millions face suffering, hardship, and loss of life. This is a grotesque indicator of the deep inequalities in U.S. … Continued
Published on Monday, January 16, 2017 by Common Dreams Posted at http://www.commondreams.org/news/2017/01/16/just-eight-men-own-same-wealth-half-humanity-report As the super-rich descend on Davos, report reveals how these billionaires are fueling the global inequality crisis By Nika Knight, staff writer Oxfam interviewed garment workers in Vietnam … Continued