#Wealth Distribution

[alwaysbewoke]

[obsessedbyneon]

'Wealth is not modestly concealed. Hong Kong is proud to hold the world records for the largest number of Rolls Royces per square mile. Here, the worth of an individual is proportional to that of his wordly goods'. From 'Eternal Hong Kong', early 90s.

Scan

[sordidamok]

There's a lot of great "eat the rich" art out there. The problem is the rich aren't afraid. They know the odds against them becoming dinner are pretty long. Really, who would want to eat them?

Taxing them is another matter. In the 1950s, when the US economy was the best it's ever been, the top tax rate was 80%. It's time we got back to that.

Or... I'm a vegetarian, but I know how to butcher hogs.

[ivygorgon]

No free rides for old money! - Pass The Billionaires Income Tax Act! (S. 3367)

I am writing to express my strong support for the proposed S. 3367 bill, which aims to amend the Internal Revenue Code of 1986. This legislation represents a crucial step towards achieving economic justice by seeking to eliminate tax loopholes that have allowed billionaires to defer taxes indefinitely. By doing so, we would be ensuring a fairer distribution of wealth and rectifying a system that has long favored the ultra-wealthy. Additionally, the bill modifies over 30 tax provisions, requiring billionaires to contribute annually. It's time to ensure that those with the most significant influence and wealth contribute proportionately to our society's well-being. Therefore, I urge you to support and pass the Billionaires Income Tax Act.

Billionaires have amassed vast wealth, often at the expense of their employees who struggle to make ends meet on minimum wages. It is only just and equitable that they pay their employees a living wage AND contribute proportionally to the betterment of our society.

Furthermore, if billionaires wield significant influence over our government and policy-making, they should demonstrate their commitment by financially supporting the very system that has allowed them to prosper. No longer should they enjoy free rides on the backs of hardworking taxpayers. It is past time to ensure that billionaires are contributing their fair share to the well-being of our country.

Passing the Billionaires Income Tax Act is not only a matter of fiscal responsibility but also a moral imperative. It is time to ensure that our tax system is fair and equitable for all, not just the wealthy few.

Thank you for considering my views on this important issue. I urge you to stand on the side of fairness and justice by supporting S.3367.

No free rides for old money!

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[mathhombre]

US Wealth Distribution

Full article. The bottom 60% own 3% of the wealth.

[candiedsumire]

“Peace in society cannot be understood as pacification or the mere absence of violence resulting from the domination of one part of society over others. Nor does true peace act as a pretext for justifying a social structure which silences or appeases the poor, so that the more affluent can placidly support their lifestyle while others have to make do as they can. Demands involving the distribution of wealth, concern for the poor and human rights cannot be suppressed under the guise of creating a consensus on paper or a transient peace for a contented minority. The dignity of the human person and the common good rank higher than the comfort of those who refuse to renounce their privileges.” -Pope Francis The Joy of the Gospel

[7itch0zero]

[hummussexual]

Source:

Excerpt:

The tragedy here is that the American dream continues to fail so many. The US struggles with more extreme poverty than any of the five countries with more collectivist attitudes. According to the International Social Survey Programme, Americans are the most likely to say they have to skip meals because there is not enough money for food. This finding is corroborated by the latest Programme for International Student Assessment (PISA) results which found one in eight US children skip meals at least once a month.

[nando161mando]

I think that this headline says quite a bit about wealth distribution don't you?

[cityofaugury]

It should be this way with government employees too—so that the people at the top don’t earn more than the average citizen. We can make it so, and chase away some corruption. Let’s build a community hostile to greed.

[ingridfontanadigital]

🌍💰 Discover the distribution of millionaires worldwide in 2022! With a staggering 42% in North America, the financial landscape is rapidly changing. According to UBS, a significant increase in millionaires is expected by 2027 📈✨

🔗 More details here: Global Millionaire Distribution Trends 2022.

[theinconvenientlifestyle]

Tesco CEO’s near £10m pay a ‘slap in the face’ for struggling workers, union says | Tesco | The Guardian

Tesco has been accused of giving struggling workers a “slap in the face” after the UK supermarket’s boss earned almost £10m last year as profits soared during the cost of living crisis.

Ken Murphy was given £9.9m in pay and perks, more than double the previous year and thought to be the most ever for a Tesco boss, beating £7m-plus paydays for the former chief executive Sir Terry Leahy.

[agentfascinateur]

Standing with her, Yulia Navalnaya 💜

It's 2024. People shouldn't have to die for their ideas or for caring about their fellow man, woman and/or child.

[cheeseandbretboy]

i was doing revision for biology on chromosomes and mutations and somehow ended up on a wikipedia page on distribution of wealth