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Pandemic wealth

Pandemic wealth July 19, 2021 Billionaire pandemic wealth gains are also one-half the $3.5 trillion rumored cost of the investment package that Democrats in the US Senate may put up for a vote as early as next week. The $138 billion wealth growth of Tesla founder Elon Musk alone could cover the ten-year costs of tuition for 5.5 million community college students and feeding 29 million low-income public school kids over the summer – and still leave Musk $4 billion richer than he was before Covid. But very little if any of that ballooning billionaire wealth will ever be put to such public use. That’s because even though such asset growth is the main source of income for the rich, under current rules almost none of that income will ever be taxed.

Report Finds Min Wage Earners Can t Afford One-Bedroom Rental in Most of U S

Working full time on the federal minimum wage of $7.25 isn’t enough for workers to afford rent for a two-bedroom home anywhere in the United States, nor is it enough to afford a one-bedroom home in the vast majority of U.S. counties, a report from the National Low Income Housing Coalition finds. The report also finds that, in fact, being able to afford a “modest” two-bedroom rental home anywhere in the U.S. is out of reach for a majority of American workers. In order to afford the average two-bedroom rental in the country, a worker must make $24.90 an hour, or over $51,000 a year. That means nearly 60 percent of American workers wouldn’t be able to afford a two-bedroom home. The report defines affordability for rent as no more than 30 percent of a person’s income, a common standard.

A more perfect union needs pay balance for workers, CEOs

A more perfect union needs pay balance for workers, CEOs
cantondailyledger.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cantondailyledger.com Daily Mail and Mail on Sunday newspapers.

Wealth secret of the super rich revealed: be born into a rich family

Wealth secret of the super rich revealed: be born into a rich family
theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.

First Thing: DoJ called Trump election claims pure insanity , emails show |

First Thing: DoJ called Trump election claims pure insanity , emails show |
theguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theguardian.com Daily Mail and Mail on Sunday newspapers.

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