Good riddance

‘I am moving – that is it’: tycoon speaks out about the end of non-dom tax status https://www.theguardian.com/news/2024/may/02/i-am-moving-tycoon-bassim-haidar-non-dom-tax-status-super-rich-exodus?CMP=share_btn_url

He is not a tycoon he is a greedy rich bastard.
#EatTheRich

‘I am moving – that is it’: tycoon speaks out about the end of non-dom tax status

Entrepreneur Bassim Haidar says ending the break is self-defeating as total UK tax take will fall amid an exodus of the super-rich

^{Rupert Neate (The Guardian)}

@fraying Putting millions of people out of work is a really short-sighted strategy for a capitalist's personal safety.

#EatTheRich

Who Wants to Be a Trillionaire? That’s exactly where America’s oligarchic policies are taking us.
#TaxTheRich #EatTheRich

https://www.motherjones.com/politics/2024/04/wealth-inequality-trillionaires-oligarchy-federal-tax-policy/

Who wants to be a trillionaire?

Don’t laugh. That’s exactly where America’s oligarchic policies are taking us.

^{Mother Jones}

Wake up and tax the rich.
#TaxTheRich #EatTheRich

Union leaders: Larry Fink is right about the retirement crisis Americans are facing–but he can’t tell the truth about the failure of the ‘401(k) revolution’ https://fortune.com/2024/04/05/union-leaders-larry-fink-retirement-crisis-facing-americans-truth-failure-401k-revolution/

Union leaders: Larry Fink is right about the retirement crisis Americans are facing–but he can’t tell the truth about the failure of the ‘401(k) revolution’

Fink says that America’s retirement security system is in crisis because life expectancy is rising. That's only true for affluent people working desk jobs.

^{Randi Weingarten (Fortune)}

Say it with me folks, inheritance tax.

We are entering into "the great wealth transfer" where about $5.2 trillion (that's the one with more zeros than I can count) is about to pass from the, largely undeserving, super rich to their entirely undeserving heirs.

"Research by Forbes magazine found there were 15 billionaires aged 30 or under but that none had created their own wealth, instead benefitting from huge inheritances."

https://www.theguardian.com/business/2024/apr/03/all-billionaires-under-30-have-inherited-their-wealth-research-finds

#economics #TaxTheRich #EatTheRich

All billionaires under 30 have inherited their wealth, research finds

Fifteen young billionaires are among the first wave of a $5.2tn transfer of wealth by the ageing super-rich

^{Rupert Neate (The Guardian)}