The latest UBS Global Wealth Report offers a stark snapshot of global inequality: The richest 1.5 percent of the world's adults now own nearly half of all global wealth.
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Trump administration cuts have put extreme strain on state coffers. Illinois, in a model for the nation, opted to make up budget shortfalls by taxing one industry with plenty of revenue to spare: Big Tech. inequality.org/article/stat...
States Can Make Big Tech Pay Their Fair Share
To offset federal cuts, Illinois will now tax corporations using our personal data for advertising. Other states should follow.
inequality.org
EXCLUSIVE: satellite images of Teterboro — the busiest private jet airport in America, 3 miles from MetLife Stadium — on the day of the World Cup final. 330+ jets parked on the ramp. A normal day: 205. Count them yourself. 👇
Goods that working-class families need to get by will get no such exemption.
An international organization representing 200 million workers has put the United States on its watchlist following escalating labor violations like the stripping of bargaining rights from federal employees and attacks on immigrants. @ituc.bsky.social inequality.org/article/the-...
The World Is Watching the United States. So Are Workers.
An international coalition of unions just placed the United States on a "Watchlist" for labor violations.
inequality.org
Increasing union density must be the primary objective of the labor movement.
Fears of an exodus of wealthy residents from Massachusetts after the implementation of the state's Fair Share tax were overblown, our research has found. inequality.org/article/wher...
Over 90 thousand private jets flew in and out of World Cup host cities this summer, our researchers found. www.dailymail.com/news/article...
How World Cup gas-guzzling private jets pumped out super-polluters
Roughly 92,000 private jets flew in and out of host cities this World Cup to match the annual emissions of more than 34,000 cars.
dailymail.com
The people of Mexico used the spotlight of the World Cup to demand justice. inequality.org/article/mexi...
Mexico’s 99% Demanded Justice by Showing FIFA, Billionaires, and Corporations a Red Card
The people of Mexico demanded that the people’s game be returned to them.
inequality.org
Thrilled to share @dailymail.co.uk exclusive on @ips-dc.org Private Jet Tracking analysis of @fifaclubworldcup.bsky.social World Cup pollution @taxprivatejets.org @inequality.org www.dailymail.com/news/article...
How World Cup gas-guzzling private jets pumped out super-polluters
Roughly 92,000 private jets flew in and out of host cities this World Cup to match the annual emissions of more than 34,000 cars.
dailymail.com
SpaceX's tumbling stock value isn't a problem for the big banks behind its IPO.
The SpaceX scam has delivered record profits for Wall St banks but big risks to everyday retirement savers. Natalia Renta of @ourfinancialsecurity.org explains what we can do about it.
How to Protect Working People’s Nest Eggs from SpaceX Scam
Fast-tracking SpaceX and other untested public companies into index funds benefits top executives and corporate insiders while putting ordinary retirement savers at risk.
inequality.org
The World Cup final drew Beyoncé, Jay-Z, Tom Cruise, the Beckhams — quite the star-studded crowd. Getting the richest of the rich there took ~3,000 private jet flights. Then, the tarmac emptied the second the whistle blew. Private jet pollution spiked to 𝟯× normal.
"FIFA is clearly competing to produce the world’s most polluting sport competition... The World Cup belongs to everyone, not just the private jet class." @taxprivatejets.org @inequality.org @ips-dc.org @patrioticmillionaires.org www.commondreams.org/opinion/fifa...
The FIFA World Cup: Private Jet Pollution Spikes | Common Dreams
The FIFA World Cup final is marred by wildfire smoke and private jet pollution, putting the health of fans and the planet at risk. Should FIFA ban private jets to protect our environment and make the ...
commondreams.org
THIS IS THE WORLD CUP: a huge spike in carbon emissions from private jets The blue line is 2026 carbon emissions from private jets in and around Atlanta from Jul 13 - 17. The gray band outlines the high and low bands from 2021-2025. Can you find the kickoff time? ⚽🟥 bsky.app/profile/taxp...
Tax Private Jets@taxprivatejets.org · 3w agoEngland v. Argentina in Atlanta: private jet carbon emissions ran 𝟭𝟲𝟴% 𝗮𝗯𝗼𝘃𝗲 the region's 5-year average during the same dates Nearly triple. For one match. Tax private jets.
In 2012, Seattle began giving needy households money to buy fresh fruits and vegetables. The result? A big drop in food insecurity. Federal legislators are now considering taking Seattle's project nationwide. inequality.org/article/seat...
Seattle’s Fresh Bucks Program Offers a National Model for Reducing Food Insecurity
The city’s food assistance program shows how local governments can reduce nutritional inequality. Congress is now considering legislation to expand the model nationwide.
inequality.org
Millionaires jetting between World Cup games has only made this problem worse.
We need to get fossil fuel money out of politics yesterday. inequality.org/article/this...
This Deadly Heat Wave Has a Culprit
As people die in this heat, it’s time to kick the fossil fuel industry out of our politics.
inequality.org
When the World Cup semifinals kickoff this afternoon, hundreds of millions of fans won't be able to watch because of electrical access inequities. inequality.org/article/elec...
The Electricity Divide Is Keeping More than Half a Billion from Enjoying World Cup
Debt obligations are keeping the Global South from electrifying, holding back development and blocking millions from watching this summer’s tournament.
inequality.org
The bar for joining the ranks of America’s richest has never been higher.
The richest footballer at the World Cup isn't even in the same wealth stratosphere as Musk.
This degree of wealth concentration inevitably warps democracy.
A worker died during her shift producing Victoria’s Secret apparel at a factory in Sri Lanka last year. Organizers with @globallaborjustice.bsky.social are fighting to make sure that never happens again. Sign their letter here: globallaborjustice.org/news/letter-...
The absurd resources dedicated to Trump's passion projects should be spent elsewhere.
Elon Musk's incomprehensible wealth is an existential threat to democracy as we know it, writes @chuck77.bsky.social. inequality.org/article/musk...
Musk’s Trillion-Dollar Fortune Is a Flashing Warning Light for Democracy
The planet’s first trillionaire is not a sign of economic health. It’s an indicator of extreme inequality and the dangers of concentrated power.
inequality.org
This era of wealth concentration is even more gilded than the last.
