It's time for those institutions that have awarded Bill Gates with honorary doctorates to rescind all of them.
#Epstein #BillGates #TheCorrupt #RichPeople #UltraRich #Corruption #Harvard #University #EpsteinFiles
#UltraRich
The Currency of Power…
https://activitypub.writeworks.uk/2026/02/the-currency-of-power/
Australian billionaires increased their wealth by almost $600,000 a day on average over last year, report shows
* "... The wealth of billionaires globally was “growing at an unprecedented speed, three times faster than we’ve seen it grow in the past”. What we’re seeing is tax systems that work for the wealthy and tax systems that are not working to actually fill the government coffers with money that could provide support for things like housing, or childcare support."
"The report said while the number of billionaires is growing, more than 3.7 million people live in poverty in Australia, including 757,000 children under 15 years of age One in three households experienced food insecurity last year, meaning they stressed about or struggled to put food on the table."
>>
https://www.theguardian.com/australia-news/2026/jan/19/australian-billionaires-increased-their-wealth-by-almost-600000-a-day-on-average-over-last-year-report-shows
* A global minimum tax on billionaires and trillionaires
https://mastodon.au/@Bellingen/115884622806752228
#tax #UltraRich #DavosMan #inequality #SocialCohesion #SocialFabric #Australia #ClimateFinance
Tax and social cohesion
On the benefits of a (modest) billionaire tax, Economist Gabriel Zucman
"A global minimum tax of 2% on billionaires would not only generate substantial revenue for governments worldwide...but would also restore a sense of fairness."
“The key benefit of a global minimum tax on billionaires is not only that it would generate substantial revenue for governments worldwide — about $250 billion a year — but also, and maybe most importantly, that it would restore a sense of fairness,”
“For the first time in decades,” he continues, “billionaires would pay at least the same effective tax rate as nurses, teachers or secretaries, ending a situation where, in many countries, the very richest pay less than the middle class. It’s a modest, pragmatic reform, but it would make a big difference for our democracies and social cohesion.”
>>
https://news.berkeley.edu/2025/07/25/berkeley-talks-gabriel-zucman-billionaire-tax/
Gabriel Zucman >>
https://gabriel-zucman.eu/policy-debates/
#SocialCohesion #inequality #tax #billionaires #UltraRich #WealthTax #PublicServices #SocialFabric #equality #ClimateFinance
Interesting way to show inequality...
Cars the Ultra-Rich NEVER Drive Themselves 🚘👑 #luxurylifestyle #ultrarich #rarecars #shorts
from Top Viral
💾 Question for our resident #economy researcher @blair_fix : does the income tax % for the highest percentile (i.e. the #ultrarich) correlate with their country's population? Does it correlate with their country's *size*? 🤔
The U.S. banking titan has already doubled its #Swiss private-banking business—and wants to do it again by 2030, capitalizing on a post–#Credit_Suisse reshuffle.
"natural consequence of distribution" #garyseconomics "significant higher #government #debt significant higher savings of the #ultrarich"
"you borrow from the #rich or you #tax the #rich"
"as long as #gov refuses to #tax the #rich they will be dependent on #borrow from the #rich which means they will have to do whatever the #finance #traders will ask of them" #UK is #FUCKED but so is the rest of the #planet for the same reason
#distribution #enquality #taxinjustice https://youtu.be/g0lEbH2kEw8?t=564
How the #Trump Administration Is Giving Even More #TaxBreaks to the #Wealthy
The #Treasury Department & #IRS are issuing rules that provide hundreds of billions of dollars in tax relief to big #corporations & the #ultrarich.
#law #SeparationOfPowers #aristocracy #plutocracy #WealthGap #USpol
https://www.nytimes.com/2025/11/08/business/trump-administration-tax-breaks-wealthy.html?smid=nytcore-ios-share&referringSource=articleShare
Despite the 'dark times'
Reimagine what is possible
Our Time is Now.
" We believe that in the wealthiest city in the wealthiest nation in the history of the world, working people deserve a dignified life." Zohran Mamdani, NY
>>
https://www.youtube.com/watch?v=LQDURJbMehc
" To Future Generations
We surely live in dark times.
I came to the cities at a time of disorder
When hunger reigned there.
I came among the people at a time of upheaval
And I rose up in revolt with them..." B.B. >>
https://terencerenaud.com/2016/11/09/a-poem-for-dark-times/
" We won because we insisted that no longer would politics be something that is done to us. Now, it is something that we do. "
The full transcript of Zohran Mamdani’s victory speech after being elected NYC mayor >>
https://www.theguardian.com/us-news/2025/nov/05/zohran-mamdani-victory-speech-transcript
#DarkTimes #democracy #work #CostOfLiving #FoodInsecurity #housing #UltraRich #citizens #CivicEngagement #participation #NYC #politics
Today in The Medium Newsletter, featured stories include:
• Strategy drift in organizations, with Kevin Novak and Roger Martin
• On #WashingtonDC & the federal takeover of #DCPolice, by @lisaschamess
• #Journaling in #writers notebooks, by Melissa Pilakowski
• The #chemistry of #petrichor, the smell of rain, by John Knight
• The fate of the #UltraRich in the apocalypse, by Benjamin Sledge
• The stigma of eating with your hands, by Ninad Kulkarni
https://medium.com/blog/why-strategy-drifts-and-how-to-fix-it-e2b192746028
Apparently, some millionaires moved out of the state. Imagine what would happen if EVERY state (and country) TAXED THE RICH PROPORTIONALLY!
#Massachusetts - Here’s how much the new ‘#MillionairesTax’ has raised this year (it’s a lot)
The tax on the rich is bringing in more than expected and will fund transportation and education initiatives.
By Beth Treffeisen
May 21, 2024
"The '#MillionairesTax,' which went into effect for the first time last year, is set to bring in billions.
"State officials announced Monday that the surtax on high earners had generated more than $1.8 billion in revenue this fiscal year, with three months left to go, according to the State House News Service.
"This means state officials could have millions of dollars to spend on transportation and education initiatives.
"Any additional money raised beyond the $1 billion already budgeted would go to a reserve account, where state policymakers can ask for one-time investments in projects or programs.
"The SHNS reported that the revenue from the tax is already $800 million more than the Legislature and Gov. #MauraHealey planned to spend in surtax revenue for all of the fiscal year 2024.
"The Department of Revenue won’t certify the official amount raised until later this year.
"However, the estimates supported claims that the surtax would generate significant revenue for the state, despite fears that it would drive out some of its wealthiest residents.
"In 2022, voters approved the ballot initiative that levies an additional 4 percent tax on annual earnings over $1 million.
" 'Opponents of the Fair Share Amendment claimed that multi-millionaires would flee Massachusetts rather than pay the new tax, and they are being proven wrong every day,' Andrew Farnitano, a spokesperson for #RaiseUpMassachusetts, the union-backed group that pushed the 2022 ballot initiative, told the Boston Globe.
" 'With this money from the #UltraRich, we can do even more to improve our public #schools and #colleges, invest in roads, bridges, and #PublicTransit, and start building an economy that works for everyone,' Farnitano said.
"But Massachusetts has struggled with residents leaving the state recently, taking their taxable income with them.
"The announcement from the latest DOR quarterly report, described during Senate proceedings, is welcome news for budget writers who had been seeing declines in tax revenues for months.
"State tax collections have lagged behind projections for most of the 2024 fiscal year, SHNS reported, even after Healey implemented spending cuts.
"According to an analysis by the Pioneer Institute, Massachusetts lost $4.3 billion in adjusted gross income in 2021, 40 percent more than the prior year. The data shows that nearly 25,200 more tax filers had moved out of the state than moved in."
#PayYourFairShare! #BillionaireTax #MillionaireTax or else #EatTheRich !
Cloning Came to Polo. Then Things Got Truly Uncivilized
Public #Library in #StMarys, #Ontario. Built with a $10,000 donation from #AndrewCarnegie in 1905, back in the days when #American #billionaires working on building up the social fabric rather than destroying it. Even in other countries. #oligarchs #ultrarich #ultrawealthy
French senators reject a tighter tax on the ultra-rich.
France's Sénat on Thursday rejected a draft law to make the ultra-rich pay at least a 2% tax on their fortune, as the government seeks to cut an alarming deficit.
By suggesting the threshold, the bill's backers sought to put limits on any fiscal optimisation or avoidance strategies the wealthy employ to minimise their tax bill.
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