Why Not Tax Private Jets Out of Existence? - The industry not only exploits our planet’s precious resources but makes the rest of us subsidize the extravagant lifestyles of the ultra-rich.

https://progressive.org/op-eds/why-not-tax-private-jets-out-existence-collins-230731/

#PrivateJets #Taxation #Environment #UltraRich #Subsidies #ResourceExploitation #Politics #News

With our food systems on the verge of collapse, it’s the plutocrats v life on Earth
Climate breakdown and crop losses threaten our survival, but the ultra-rich find ever more creative ways to maintain the status quo
The new paper explores the impacts on crop production when meanders in the jet stream (Rossby waves) become stuck. Stuck patterns cause extreme weather.

https://www.theguardian.com/commentisfree/2023/jul/15/food-systems-collapse-plutocrats-life-on-earth-climate-breakdown

#ClimateChange #FoodProduction #famine #GlobalWarming #food #farming #UltraRich

Who is winning the Class War?

World’s richest added $852 billion to their wealth in the 1st six months of 2023. Their collective wealth is increasing by $2.7 billion per day

Each member of Bloomberg Billionaires Index averaged >$14 million per day, while nearly half the world struggled to survive on $6.25 a day.

Over the last 6 months:
*Musk got $96 billion richer
*Zuckerberg got $58.9 billion richer
*Bezos got $47.4 billion richer
*Gates got $24.4 billion richer

#solidarity #sabotage #GeneralStrike
#WorkingClass #UltraRich #poverty #ClassWar #billionaires #bezos #musk #zuckerberg

This morning I #wrote an #email to my #representative in the #house.

I asked him to hold #president #Biden to his word that he would not #negotiate the #DebtCeiling as he just did.

We cannot allow our #country to be held #hostage by people that have no interest in #governing for the #people and only cater to the #UltraRich

60% of Americans polled think billionaires like Elon Musk are good for the economy, but the economic data reveals something very different. WIRED spoke with economists @garyseconomics and @AtifRMian to debunk some commonly held beliefs about this nation's #ultrarich. #press

As we all know, hope dies last.

International online #petition "Tax the Mega-Rich Now!"

"The richest 1% of the world have acquired nearly twice as much money as the bottom 99%."

"A wealth tax of up to 5% on the #ultraRich could raise enough money to lift 2 billion people out of #poverty!"

The call is to be prominently presented to the political world leaders before the next #G20 summit.

https://secure.avaaz.org/campaign/en/tax_the_rich_loc

More on why billionaires should not exist

https://thoughtshrapnel.com/2023/04/12/more-on-why-billionaires-should-not-exist/

#ThoughtShrapnel #climatecrisis #UltraRich

Via Euronews: Tax the rich: A wealth tax could fund better transport and weather warning systems, report finds

Here's how a 'climate tax' on the rich could help vulnerable countries

We need to “transform” the global taxation system to protect the world’s poorest from climate change, report urges.

https://www.euronews.com/green/2023/01/31/tax-the-rich-a-wealth-tax-could-fund-better-transport-and-weather-warning-systems-report-f

#ClimateChangePolicies, #climatechange, #taxes, #ultrarich

Everything that is happening in economics is the result of #greed by the #ultrarich

This was a long & disheartening read, but an important one. #taxes #ultrarich #wealth #america “Scholars of wealth and taxes say that the golden age of élite tax avoidance has contributed to the turbulence in American politics, by hardening social stratification; reducing public resources for education, health, and infrastructure; and eroding trust in America’s mythologies of fairness and opportunity” https://www.newyorker.com/magazine/2023/01/23/the-getty-familys-trust-issues

Common sense from the #UltraRich
“The solution is plain for all to see... #TaxTheUltraRich and do it now. It's simple, commonsense economics.”
~ 200+ Millionaires to World Leaders at #Davos
https://www.commondreams.org/news/tax-the-rich-davos

‘Tax us now’: ultra-rich call on governments to introduce wealth taxes

https://www.theguardian.com/business/2023/jan/18/tax-us-now-ultra-rich-wealth-tax-davos

#rich #wealthtax #ultrarich

A 5% tax on the world's multimillionaires could lift 2 billion people out of poverty
The richest 1% have captured twice as much wealth as the rest of the world combined since 2020, according to a new Oxfam report. The world’s richest people have gained $1.5 trillion in the past three years. In fact, Oxfam’s findings show that the ultra rich have captured half of all new wealth created in the past decade. https://qz.com/oxfam-richest-people-pay-tax-poverty-hunger-wef-davos-1849986155 #Oxfam #Wealth #economy #billionaires #UltraRich #poverty

How obscene is this? #ultrarich #wealthinequality https://www.theguardian.com/business/2023/jan/06/bet365-boss-denise-coates-was-paid-more-than-260m-in-year-to-march?CMP=Share_iOSApp_Other

#Billionaire Banquet. Play #PacMan #parody #VideoGame & eat #Canada ’s #UltraRich before they eat you
The 5 people who finish the #game with #HighestScores will #win a Breach sweatshirt. All you have to do is take a screenshot of your score, post it onto social media, and tag @thebreachmedia. (If you don’t have social media—bless you for not generating free content for one particular billionaire—you can email a photo to info@breachmedia.ca)

https://breachmedia.ca/billionaire-banquet/

#EatTheRich #TheBreachMedia

@GregCirillo @dcjohnson I think the second statement can be true if the vantage point is royalty setting all the rules in the past, and most people suffering under feudalism. Despite our democracy attempts, our economy and society now suffers under a parallel quasi-royal power structure in the form of the #ultrarich and giant corporations getting to set rules and conditions for the many. #extremegreed

Oh, nur 94.000 Liter Kerosinverbrauch im Monat für die Privatjets. Was für eine Welt. #Ultrarich
https://www.youtube.com/watch?v=YBNcYxHJPLE

The ultra-rich represent an emergent global aristocracy — or rather, a new oligarchy. Fewer than 100 billionaires now own as much as 50 percent of the world’s assets https://nypost.com/2019/12/25/how-america-is-reverting-back-to-the-feudal-age/ via @admarchetti #ultrarich #newFeudalAge #society #economy