Sam Pizzigati
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sgp.bsky.social
Sam Pizzigati
@sgp.bsky.social
Co-editor, Inequality.org
Institute for Policy Studies associate fellow and author, ‘The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class, 1900-1970’ and ‘The Case for a Maximum Wage’
Trump’s rich donors for his new White House ballroom, whether contributing directly or via a foundation, get tax breaks up to 90%. Of every $1 million used to bribe Trump for private gain, taxpayers are footing as much as $900,000 of the bill! mailchi.mp/extremewealt...
November 25, 2025 at 7:09 PM
“Why are the ultra-rich buying up so much of the media?...As vast wealth concentrates in the hands of a few, this small group of the ultra-wealthy may rationally fear that a majority of voters could try to confiscate their wealth.”
#democracy #inequality robertreich.substack.com/p/billionair...
November 25, 2025 at 3:31 PM
Latest sign of a civilization in terminal decline: If Elon Musk meets the benchmarks in his latest Tesla pay package, he’ll pocket more annually than all 1.3 million elementary school teachers in the U.S. combined. #inequality www.washingtonpost.com/technology/i...
Elon Musk is set to make more than every U.S. elementary teacher combined
See how Tesla CEO Elon Musk’s new payment package compares with other occupations in the United States.
www.washingtonpost.com
November 25, 2025 at 2:53 PM
A 26-year-old student has emerged as the face of a proposal to impose a 50% inheritance tax on Switzerland’s richest. Spending against the proposal is running almost 10x spending for it. The vote comes Sunday. www.swisscommunity.org/en/news-medi... #inequality www.thetimes.com/world/europe...
The student who wants to tax the Swiss super-rich
Mirjam Hostetmann is leading a campaign for a 50 per cent wealth tax in Switzerland to tackle climate change that will be voted on this month
www.thetimes.com
November 25, 2025 at 12:42 AM
The long — and continuing — rise of economic #inequality connects the two sides of the affordability crisis that confronts today’s working families: higher costs and lower ability to pay.
@dollarsandsense.bsky.social www.dollarsandsense.org/mamdani-affo...
Mamdani, Affordability, and Inequality
The costs of housing, food, childcare, and transportation are one side of the affordability issue, the side where Mamdani might be able to have a direct impact.
www.dollarsandsense.org
November 24, 2025 at 3:04 PM
Billionaire bros, just hanging out in a parallel universe . . .
www.ndtv.com/offbeat/tril...
November 24, 2025 at 3:30 AM
@scottishgreens.org are urging the rollout of a 10:1 pay ratio across the public and private sectors in Scotland. That move would “force those at the top to improve the salaries of their lowest paid staff if they wish to increase their own payslips.” #inequality www.thenational.scot/news/2564362...
Plans lodged for crack down on 'obscene' pay of university principals
Propsals have been lodged to crack down on the 'obscene' pay inequality across Scotland's universities and colleges
www.thenational.scot
November 24, 2025 at 1:18 AM
The price we pay for tolerating intensely concentrated wealth: US economic output outpaces China’s by 6 times. Yet the US now hosts more abjectly poor households than China.
#inequality www.theguardian.com/us-news/2025...
November 23, 2025 at 3:47 PM
Newly elected Seattle mayor Katie Wilson ran on a platform that stressed taxing the rich. Among her proposals: a city tax on capital gains and a “vacancy tax” to discourage landlords from keeping their units vacant to maximize opportunities for speculative gains.
www.governing.com/politics/sea...
Seattle’s Mayoral Race Tests the City’s Appetite for Progressive Taxation
Community organizer Katie Wilson challenges Mayor Bruce Harrell with proposals to tax vacant properties, high earners, and large firms — a referendum on how far Seattle is willing to go to close its b...
www.governing.com
November 22, 2025 at 4:46 PM
In 2000, political contributions from America’s richest 100 supplied $1 of every $400 spent in that year’s federal election campaigns. The comparable stat for top 100 political spending in 2024: about $1 of every $13 spent.
www.washingtonpost.com/politics/int... #plutocracy #inequality
November 21, 2025 at 4:16 PM
New polling data: 94% of Americans believe a wealth gap exists, with 73% seeing this #inequality as a serious national issue. Across all ages and political beliefs, Americans want to see limits on wealth accumulation and support the idea of a wealth tax. theharrispoll.com/wp-content/u...
November 21, 2025 at 12:15 AM
Our globe’s richest 1% has captured 41% of new wealth since 2000 while humanity’s bottom 50% has increased its wealth by just 1%. This richest 1% has seen its average wealth jump $1.3 million. The bottom 50% rise: just $585.
g20.org/g20-media/la...
November 20, 2025 at 4:31 PM
“The idea of generational warfare is pernicious tripe. It gets pushed endlessly in the media because rich people would rather see kids lashing out at their parents than at them.”
@deanbaker13.bsky.social @ceprdc.bsky.social www.patreon.com/posts/rich-p...
November 19, 2025 at 3:41 PM
Next year’s over $1-trillion pending US military budget will “trigger a historic redistribution of #wealth from the public to private arms companies and their shareholders.”
#inequality @stephensemler.bsky.social popular.info/p/how-trumps...
How Trump’s trillion-dollar war machine enriches the 1%
Congress will decide in the coming weeks whether to approve a $1 trillion military budget for 2026.
popular.info
November 19, 2025 at 3:09 PM
Americans accurately believe “that many rich households and corporations are not paying their fair share.” This perception will change only when just our richest — and the corporations they run — “see their taxes increase.”
@epi.org @joshbivens-econ.bsky.social www.epi.org/publication/...
Raising taxes on the ultrarich: A necessary first step to restore faith in American democracy and the public sector
Summary   The public has supported raising taxes on the ultrarich and corporations for years, but policymakers have not responded. Small increases in taxes on the rich that were instituted during time...
www.epi.org
November 19, 2025 at 1:58 AM
The “clock” for the "Health Olympics" race, Dr. Stephen Bezruchka explains, would be life expectancy, how long people live. Where do you think the USA, the world’s richest nation and biggest health-care spender, would finish? First? Almost 50th? Inequality kills. www.youtube.com/watch?v=JyKY...
Health Olympics
YouTube video by HealingAmerica
www.youtube.com
November 18, 2025 at 7:33 PM
This November marks the three-year anniversary of Massachusetts voters approving a 4% surtax on annual incomes above $1 million. No significant exodus of the rich has emerged over those three years. @peoplesproject.bsky.social www.peoplespolicyproject.org/2025/11/17/d...
Do Millionaire Surtaxes Lead to Millionaire Exodus?
Assessing the Massachusetts millionaire’s tax three years on.
www.peoplespolicyproject.org
November 18, 2025 at 3:40 PM
In a #luxury condo tower under construction north of Miami, “car elevators will deliver residents straight up to their homes and deposit vehicles in adjoining ‘sky garages,’ avoiding the need to deal with parking valets and reception areas.” www.wsj.com/lifestyle/tr...
The Ultrarich Are Spending a Fortune to Live in Extreme Privacy
In Miami and elsewhere, the wealthy are moving in increasingly private spheres, shelling out big money to bypass the indignities of public life.
www.wsj.com
November 16, 2025 at 8:32 PM
Anya Svanoe, Alliance of Californians for Community Empowerment: “We want to tax the rich, and we want #billionaires to pay what they owe. We want to use that money to create a world where everyone can thrive.”
@acceaction.bsky.social www.yahoo.com/news/article...
‘People Over Billionaires': S.F. march through wealthy neighborhood targets the 1%
San Francisco protesters denounced corporate tax breaks and immigration crackdowns during Saturday's "People Over Billionaires" march in Pacific Heights, home to wealthy supporters of President Trump.
www.yahoo.com
November 16, 2025 at 2:41 AM
The Corporate Alternative Minimum Tax is supposed to ensure that corporate giants pay federal income taxes equal to at least 15% of their profits. But Trump’s Treasury is pushing regs that would let crypto, energy & private equity giants sidestep that 15% minimum. itep.substack.com/p/trump-goes...
Trump Goes Outside the Law to Give Even More Tax Cuts to the Wealthy
Trump's Treasury is overstepping far beyond its constitutional role
itep.substack.com
November 14, 2025 at 8:00 PM
One sure sign that our #plutocracy remains pleased as punch with the current big picture: The art market has over $1 billion worth of art — and a gold commode — heading to auction in New York next week.
#inequality #billionaires link.cnbc.com/public/42499...
November 14, 2025 at 3:47 PM
“In a world already divided by extreme inequalities, the collapse of multilateralism makes it even more likely that the most powerful players — the largest economies and the wealthiest corporations and individuals — will score the best deals.”
@ips-dc.org www.counterpunch.org/2025/11/12/c...
Can the G20 Do More Than Serve Markets and Investors?
Multilateralism is in tatters. Instead of rules-based, consensus agreements, global economic relations have largely devolved into one-on-one arm-twisting and name-calling — alternating with fawning sy...
www.counterpunch.org
November 13, 2025 at 7:47 PM
A 100% tax rate on billionaire wealth would be no break from American tradition. Thomas Paine and many others in his generation saw extreme wealth concentrations as an “intrinsic danger” to democracy. @vanessawilliamson.bsky.social @bearerfriend.bsky.social
www.msnbc.com/opinion/msnb...
Opinion | The case for taxing billionaires is older than you think
A wealth tax, with a top rate of 100%, is common sense.
www.msnbc.com
November 13, 2025 at 1:51 AM
Ken Griffin, the world’s 32nd richest billionaire, has a problem. His 308-foot superyacht Viva won’t fit next to his other yachts at his current Florida marina. Griffin’s solution: He’s building another marina. The new one will fit six — count ’em — superyachts. robbreport.com/motors/marin...
Billionaire Ken Griffin Is Getting His Own Private Superyacht Marina in Miami Beach
Ken Griffin's plan to build a private superyacht marina in Miami Beach has been approved, adding to his massive Florida property portfolio.
robbreport.com
November 13, 2025 at 12:27 AM
The 10 richest US #billionaires have seen their collective wealth soar by $698bn over the past year. Not on that list: Google former CEO Eric Schmidt. He had to make due paying $110m for a 123-room mansion in Los Angeles.
www.theguardian.com/commentisfre...
Musk could be paid $1tn. Nvidia’s worth $5tn. Yet America’s poor are struggling to eat | Steven Greenhouse
We may be in a golden age for the super-rich – but it doesn’t feel that way for the 42 million Americans who use Snap
www.theguardian.com
November 11, 2025 at 7:29 PM