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’
Our financialized US economy treats businesses as assets to be manipulated for maximum investor returns, with workers “just another cost” and customers “just revenue streams to be tapped.” #Financialization has left us with “slow wage growth and rising #inequality.” www.nytimes.com/2026/02/06/o...
February 6, 2026 at 9:50 PM
Robert Reich: “The outer ring of hell will be reserved for CEOs who stayed silent so as not to rile the narcissist-in-chief.” Jamie Dimon “has uttered no criticism of Trump” other than to call his attack on Fed independence “probably not a great idea.” robertreich.substack.com/p/melania-th...
February 2, 2026 at 4:00 PM
@patrioticmillionaires.org: We’d be “surprised” if the proposed California wealth tax sparks “an exodus of the state’s billionaires.” But even if it does, that should strengthen lawmaker “resolve to work together” to set “minimum tax standards on wealthy people like us.” mailchi.mp/patrioticmil...
February 1, 2026 at 11:11 PM
“Increasingly, things that feel like taxes are eating up more and more of what people earn”: A large chunk of 2025’s increase in U.S. consumer spending went for health care, housing and utilities, and financial services, all “non-discretionary” outlays. www.thebignewsletter.com/p/the-boomce...
February 1, 2026 at 5:38 PM
“A new ‘blue wave’ of tax hikes on the wealthy is rippling through state legislatures” as Virginia, Washington, and Rhode Island join California in calls for higher taxes on their richest.

Charted below: states with the highest top-bracket tax rates.
www.cnbc.com/sign-up-for-...
January 29, 2026 at 3:33 PM
Bernie Sanders: “Trump and his billionaire campaign contributors have been working overtime to create a two-tier education system: private schools for the wealthy & well-connected & severely under-funded public schools for low-income & working-class students.”
www.sanders.senate.gov/press-releas...
January 28, 2026 at 3:24 PM
Minnesota corporate CEOs just as cowardly — and unwilling to jeopardize their personal gravy trains — as their corporate brethren nationwide. More on our ongoing CEO outrages at Inequality.org . . .
January 25, 2026 at 4:52 PM
The actual income average Americans are taking in has risen just 1.1% a year since 2010. From 1950 to 1980, an era of much greater equality, average U.S. income rose 2% a year. What is really rising today? Wealth at the top.
paulkrugman.substack.com/p/talking-wi...
January 24, 2026 at 4:39 PM
Forbes’ Real-Time Billionaires List put Elon Musk’s estimated net worth at $787.2 billion as of 2:30 p.m. EST yesterday.

In the first Forbes 400 list in 1982, the grandest fortune Forbes found totaled $2 billion, about $6.7 billion in today's dollars.
#inequality #plutocracy
January 23, 2026 at 4:27 PM
Oxfam: Trump’s agenda of championing deregulation and undermining corporate taxation has benefited the super rich everywhere. #Billionaire wealth, since the start of the #Trump era, has jumped 3x faster than the past five-year average. www.equals.ink/p/billionair...
January 22, 2026 at 3:18 PM
Only 10% of Americans, notes new Gallup analysis, now rate business execs “very high” or “high” on honesty and ethical standards. 75% give nurses high marks.

Median CEO pay at major firms hit $30.9 million last year.
Median nurse pay: $86,000.
news.gallup.com/poll/700736/...
January 21, 2026 at 2:27 AM
At 2025's close, the wealth of the world’s 20 richest #billionaires added up to $3.8 trillion. The wealthiest 7 accounted for well over half that total. #inequality #plutocracy
www.visualcapitalist.com/worlds-top-2...
January 13, 2026 at 2:49 AM
In 2025, the S&P 500 increased by 16%. U.S. billionaire assets surged 20.8%.

Our 15 richest billionaires together ended the year sitting on over $3.2 trillion in wealth, a 33% gain over 2024.

@inequality.org @ips-dc.org @chuck77.bsky.social ips-dc.org/resource-ric...
January 2, 2026 at 10:37 PM
Read any stories lately hailing the Great Wealth Transfer, the $100 trillion in inheritances now passing from Baby Boomers and near-Boomers to younger generations? Be skeptical about that “generation” frame. Some 62% of that $100T involves our richest 2%. link.cnbc.com/public/43294...
December 31, 2025 at 3:28 PM
No U.S. corporate giant has birthed more billionaires than Alphabet, Google’s parent. But AI speculative fever is minting billionaires at enterprises few Americans even know exist — like AppLovin, a digital ad firm that’s generated 8 billionaire fortunes. #inequality www.forbes.com/sites/emilyg...
December 26, 2025 at 8:38 PM
Year-end stats that stagger: Our global #billionaire population now richer than ever in total wealth ($18.7 trillion, up $10 trillion over 2020). A record 19 ultra-rich now worth at least $100 billion. Six years ago, we had to endure only one at that level. #inequality www.forbes.com/sites/chasew...
December 25, 2025 at 2:11 AM
The happiest top execs this holiday season? Maybe our retail giant CEOs. A Trump tax cut extension this past summer may have saved these execs $35 million off their taxes. Worker 2024 paychecks at these retailers averaged $32,000. @4taxfairness.bsky.social americansfortaxfairness.org/retailer-exe...
December 24, 2025 at 10:51 PM
“The economic consequences of higher average temperatures will not be evenly distributed among populations even within a single, developed country like the United States. Pre-existing income #inequality can be expected to deepen...” fedlit.substack.com/p/issue-8-te...
December 21, 2025 at 10:15 PM
The just-released University of Michigan survey on consumer sentiment reveals deep dissatisfaction with the U.S. economy. Survey respondents see current economic conditions as the worst in the past 50 years. #inequality paulkrugman.substack.com/p/affordabil...
December 21, 2025 at 4:26 PM
Our plutocracy: the numbers that best illustrate the core story.
#inequality #billionaires medium.com/@joeeubanks/...
December 20, 2025 at 12:51 AM
Every time we see financial market problems, Fed “rushes to the rescue as an extremely effective government for the super rich.” After 2008, the Fed bought $7 trillion in bonds, corporate assets & securities to lift the value of stocks, bonds & houses. www.thebignewsletter.com/p/monopoly-r...
December 15, 2025 at 4:19 PM
Dick Van Dyke turns 100 today. A happiest of birthdays to this “impoverished son of a traveling cookie salesman” who became a joyful Hollywood star and an even more joyful Bernie Sanders supporter. Chim Chim Cheree!
www.theguardian.com/film/2025/de...
December 13, 2025 at 3:36 PM
The Fair Share Amendment voted into the Massachusetts constitution in 2022 ups taxes on the state rich by 4 cents on every $1 over $1 million in income. The levy is already funding free community college tuition, free regional buses & lots more! @labornotes.bsky.social labornotes.org/2025/12/were...
December 12, 2025 at 3:30 PM
Are US billionaires overtaxed? Only 6% of Americans believe so.
Are US billionaires undertaxed? 61% of Americans think so.
Economist/YouGov Poll, December 5 - 8
d3nkl3psvxxpe9.cloudfront.net/documents/ec...
December 11, 2025 at 5:11 PM
The latest authoritative Global Wealth #Inequality Report details how the share of the world’s wealth in the pockets of our globe’s richest 0.001% has locked in at an incredible 3x the combined wealth of over half the world’s population.
@billionaires @wid.world wir2026.wid.world/insight/exec...
December 10, 2025 at 4:35 PM