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WEALTH INEQUALITY LAWMAKERS
Jeff Bezos, world's 4th richest man, couldn't stop talking about a nurse in Queens earning $75,000. Here's whyAmazon founder Jeff Bezos, also the world's fourth richest man, argued that low-income earners in the US should pay no taxes, citing a nurs...
Americans could get $3,000 checks under new bill — see who qualifiesAmericans Could Receive $3,000 Check: About 938 U.S. billionaires could fund a major relief plan. Under a new bill from Bernie Sanders and ...
Squeeze the super rich? Flight of 'Lakshmi' is the riskBillionaire Lakshmi Mittal's move from the UK to Switzerland and Dubai signals a broader European challenge in taxing the super-rich. His d...
Tax the rich or fall: French PM Sebastien Lecornu faces budget ultimatumFrench Prime Minister Sebastien Lecornu faces a critical juncture as Socialists demand a 2% wealth tax on the nation's wealthiest in exchan...
What's fuelling the rage in Indonesia?Indonesia is grappling with widespread protests sparked by anger over lawmaker perks and perceived corruption, presenting a significant cha...
Why has Indonesia erupted in violent protests? The real story behind the massive protestsIndonesia has erupted in violent protests after outrage over lawmakers’ perks and the death of a young delivery driver triggered nationwide...
ESOPs fables hide risky endsEmployee stock ownership plans (ESOPs) are gaining traction as a tool for wealth redistribution, but their effectiveness varies. While ESOP...
Zohran Mamdani pushes 2% millionaire tax on NYC’s richest — is there a mayhem ahead for the rich?Mamdani’s proposal has faced strong pushback from business leaders and fiscal conservatives, with hedge fund manager Bill Ackman labeling t...
Elon Musk blasts Congress's mystery millions: How did they get $20 million on a $200K salary? DOGE investigating how members became multi-millionairesElon Musk is scrutinizing the wealth accumulation of members of Congress, questioning how they amass significant fortunes on relatively mod...
200 handbags, 75 watches, and $400 million in luxury assets: Know how rich Thailand’s PM is?Thailand PM Net worth: Paetongtarn Shinawatra, Thailand's youngest prime minister, has declared assets exceeding $400 million, including de...
Global billionaire tax could yield $250 billion: StudyIf levied, the sum would be equivalent to only 2% of the nearly $13 trillion in wealth owned by the 2,700 billionaires globally, the resear...
EU Tax Observatory urges Global Minimum Tax on billionaires to combat evasion and raise $250 billion annuallyA global minimum tax on billionaires, which could earn $250 billion yearly, was proposed by the EU Tax Observatory on Monday October 23, as...
Opposition adapting to deal with BJP’s tactics, setting own narrative: Rahul GandhiRahul Gandhi said: "The main issues in India are concentration of wealth, huge inequality in wealth, massive unemployment, huge unfairness ...
Why taxing American billionaires' wealth - as Biden tried to do - will never workThe total wealth of U.S. billionaires soared by US$1.8 trillion during the COVID-19 pandemic as of mid-August. And recent reporting has fou...
What a Joe Biden win could mean for financial policyA Biden administration would likely halt the Trump plan to release housing finance giants Fannie Mae and Freddie Mac from government contro...
What a Joe Biden win could mean for financial policyThe pandemic has shone a harsh spotlight on America's racial and wealth inequalities, galvanizing Democrats to use a range of policy levers...
Uber faces proposed ‘IPO tax’ in a divided San FranciscoThe potential law, which some are calling an “IPO tax,” reflects uneasiness in a city with constant reminders of the income gap, from Googl...
Demand for special Parliament session on water, farm crisesManish Sisodia made the comments while delivering the inaugural talk as part of the Delhi Assembly Lecture Series on the topic 'Water and F...
Leftist US presidential candidate Bernie Sanders applauds Greek austerity 'No' vote"I applaud the people of Greece for saying 'No' to more austerity for the poor, the children, the sick and the elderly," Sanders said in a ...
Most millionaires willing to pay higher taxes: Barack ObamaBarack Obama again urged Congress to pass his jobs plan, saying most millionaires "are willing to step up" and pay higher taxes to support ...