The collective wealth of New York’s 120 billionaires jumped by $156.3 billion, or 30 percent, between mid-March of last year and this year, according to new data from Americans for Tax Fairness and the Institute for Policy Studies compiled by the Strong Economy For All Coalition, the Fund Excluded Workers Coalition and the Invest in Our New York campaign.
The $156.3 billion in pandemic profits of the state’s richest residents could cover the state’s projected $15 billion budget gap ten times over and still leave them wealthier than they were when the pandemic hit a year ago.
The collective wealth of New York’s 120 billionaires jumped by $156.3 billion, or 30 percent, between mid-March of last year and this year, according to new data from Americans for Tax Fairness and the Institute for Policy Studies compiled by the Strong Economy For All Coalition, the Fund Excluded Workers Coalition and the Invest in Our New York campaign.
The $156.3 billion in pandemic profits of the state’s richest residents could cover the state’s projected $15 billion budget gap ten times over and still leave them wealthier than they were when the pandemic hit a year ago.
Let's have a discussion about capitalism and socialism. This slideshare makes the case that what we need is more capitalism as it is the system that reduces poverty and actually delivers a better overall quality of life. Yes, there are improvements that can be made, but let's have that discussion before we make revolutionary changes that have not worked well in other places.
Thirty years of growing income inequality, corporate tax cuts and personal tax breaks for the wealthy have undermined the livelihood of working people and set up a state budget crisis which does not need to
exist. We present alternative tax proposals and issue a warning of the ominous consequences of privatization, layoffs and state service cuts for all New Yorkers.
COVID's Impact on Inflation and Income EqualityPaul H. Carr
Will inflation from the COVID recovery be permanent?
What does the Federal Reserve Predict?
Has the COVID recovery increased income equality?
Why do job openings now outnumber job seekers?
Wage Serfs: Principles & Politics Trumping PeoplePaul H. Carr
Presented at Thoreau Society Annual Gathering
Higher taxes in Europe result in more income equality than in the US.
Invisible hand of Adam Smith's economics versus the Tragedy of the Commons
Golden Rule of Economics: Those who have the gold make the rules.
Reform COVID19's Inequality to Avoid RevolutionsPaul H. Carr
COVID19 amplifies inequality, increasing tensions between poor Blacks, Whites, Police, and Immigrants. Economically disadvantaged Blacks joined by Whites are taking to the streets to demand reform. Economic inequality contributed to the French Revolution and to our Civil War, with the most casualties in our history.
We need reform to prevent revolutions. Karl Marx’s wrote his 1847 Communist Manifesto in response the newly rich industrialist’s exploitation of the poor workers in England. During this time, author Charles Dickens, as a boy, had to work ten-hour shifts pasting labels on bottles to support this family, because his father was confined in Debtor’s Prison.
In 1917,Trotsky led the Communist Revolution in Russia that ousted the Tsars’ monarchy. In 1924 Stalin emerged as the leader of the USSR. After WWII, the US fought the Korean and Vietnam Wars to stop the Communists from overrunning the world.
The rich, miserly Scrooge in Charles Dickens’ “Christmas Carol” underwent a conversion to a generous person who celebrated Christmas. In contrast to the Communist revolution, this can be a metaphor for the rule of law that enabled the US to overcome worker exploitation. The US passed child, labor, and anti-trust laws that constrained the power of the rich industrialists.
Since the 1980s, hourly worker pay has not increased in proportion to inflation and increased productivity. This disparity is increasing economic inequality. Most of the increased productivity pay has gone to those with education beyond a bachelor’s degree.
The minimum federal pay of $7.25 per hour has not been increased for over a decade. To keep up with inflation and productivity increases, the minimum wage should be gradually advanced to $ 20 per hour. Recently the minimum wage in Washington, DC increased to $14 per hour.
The property tax that funds public schools results in poor neighborhoods having poor schools and rich neighborhoods having good schools. State, federal, and corporate funds are needed to keep poor kids from being locked into poverty. Our high tech civilization needs an educated workforce. Let’s educate our poor rather than import educated immigrants. We must also reform our tax structure and corporate policies.
WWICS is one of the most known Immigration consultancy which only thinks about the welfare of people. Here there was a discussion about U.K and Canada Immigration issues. There are only some people who thinks about the good of the people.
Let's have a discussion about capitalism and socialism. This slideshare makes the case that what we need is more capitalism as it is the system that reduces poverty and actually delivers a better overall quality of life. Yes, there are improvements that can be made, but let's have that discussion before we make revolutionary changes that have not worked well in other places.
Thirty years of growing income inequality, corporate tax cuts and personal tax breaks for the wealthy have undermined the livelihood of working people and set up a state budget crisis which does not need to
exist. We present alternative tax proposals and issue a warning of the ominous consequences of privatization, layoffs and state service cuts for all New Yorkers.
COVID's Impact on Inflation and Income EqualityPaul H. Carr
Will inflation from the COVID recovery be permanent?
What does the Federal Reserve Predict?
Has the COVID recovery increased income equality?
Why do job openings now outnumber job seekers?
Wage Serfs: Principles & Politics Trumping PeoplePaul H. Carr
Presented at Thoreau Society Annual Gathering
Higher taxes in Europe result in more income equality than in the US.
Invisible hand of Adam Smith's economics versus the Tragedy of the Commons
Golden Rule of Economics: Those who have the gold make the rules.
Reform COVID19's Inequality to Avoid RevolutionsPaul H. Carr
COVID19 amplifies inequality, increasing tensions between poor Blacks, Whites, Police, and Immigrants. Economically disadvantaged Blacks joined by Whites are taking to the streets to demand reform. Economic inequality contributed to the French Revolution and to our Civil War, with the most casualties in our history.
We need reform to prevent revolutions. Karl Marx’s wrote his 1847 Communist Manifesto in response the newly rich industrialist’s exploitation of the poor workers in England. During this time, author Charles Dickens, as a boy, had to work ten-hour shifts pasting labels on bottles to support this family, because his father was confined in Debtor’s Prison.
In 1917,Trotsky led the Communist Revolution in Russia that ousted the Tsars’ monarchy. In 1924 Stalin emerged as the leader of the USSR. After WWII, the US fought the Korean and Vietnam Wars to stop the Communists from overrunning the world.
The rich, miserly Scrooge in Charles Dickens’ “Christmas Carol” underwent a conversion to a generous person who celebrated Christmas. In contrast to the Communist revolution, this can be a metaphor for the rule of law that enabled the US to overcome worker exploitation. The US passed child, labor, and anti-trust laws that constrained the power of the rich industrialists.
Since the 1980s, hourly worker pay has not increased in proportion to inflation and increased productivity. This disparity is increasing economic inequality. Most of the increased productivity pay has gone to those with education beyond a bachelor’s degree.
The minimum federal pay of $7.25 per hour has not been increased for over a decade. To keep up with inflation and productivity increases, the minimum wage should be gradually advanced to $ 20 per hour. Recently the minimum wage in Washington, DC increased to $14 per hour.
The property tax that funds public schools results in poor neighborhoods having poor schools and rich neighborhoods having good schools. State, federal, and corporate funds are needed to keep poor kids from being locked into poverty. Our high tech civilization needs an educated workforce. Let’s educate our poor rather than import educated immigrants. We must also reform our tax structure and corporate policies.
WWICS is one of the most known Immigration consultancy which only thinks about the welfare of people. Here there was a discussion about U.K and Canada Immigration issues. There are only some people who thinks about the good of the people.
A fact based, detailed analysis of the economic stress on middle American families and the malfunction of democratic institutions, producing distrust, anger, and an epidemic of unnecessary deaths. Explains the dynamics of the 2016 Presidential election.
Higher levels of economic segregation are associated with lower incomes, particularly for black residents. Higher levels of racial segregation are associated with lower incomes for blacks, lower educational attainment for whites and blacks, and lower levels of safety for all area residents.”
The church and the md gs exposed and ue june 2013Dion Forster
This slideshow was presented at the Stellenbosch University Winter School. I was asked to talk about the role of the Church in contributing towards the reaching of the Millenium Development Goals. Of course I spoke about 'EXPOSED - Shining a light on corruption' and Unashamedly Ethical, of which I am a part.
Michael Arth for governor of Florida/NO PARTYjenkan04
Michael Arth ion the issues for Governor of Florida
Candidates personal history
Presented by The Highlands Tea Party http://thehighlandsteaparty.com /
Prepared by John Nelson
The Golden Rule of ethics must re-balance our economy. At present, those with the gold make the rules. “Any economic system should serve people, not the other way around” (Pope Francis).
According to economist Thomas Piketty’s recent “Inequality of Capital,” the top income earners now have 60% of our national income. From 1942 to 1980, however, the same high income people had only 34%. I will show what happened after 1980 to bring about our present income inequality. It has contributed to the unexpected political success of Donald Trump and Bernie Sanders.
NAACP ACT-SO Master Class - 2015 NAACP Convention Brandon Andrews
ACT-SO Master Class on entrepreneurship taught by Brandon Andrews at the 106th NAACP Convention in Philadelphia, PA.
Covered entrepreneurship, intrapreneurship, social entrepreneurship, lean startup model, and background on entrepreneurship in America and in the African American community.
‘वोटर्स विल मस्ट प्रीवेल’ (मतदाताओं को जीतना होगा) अभियान द्वारा जारी हेल्पलाइन नंबर, 4 जून को सुबह 7 बजे से दोपहर 12 बजे तक मतगणना प्रक्रिया में कहीं भी किसी भी तरह के उल्लंघन की रिपोर्ट करने के लिए खुला रहेगा।
03062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
31052024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
हम आग्रह करते हैं कि जो भी सत्ता में आए, वह संविधान का पालन करे, उसकी रक्षा करे और उसे बनाए रखे।" प्रस्ताव में कुल तीन प्रमुख हस्तक्षेप और उनके तंत्र भी प्रस्तुत किए गए। पहला हस्तक्षेप स्वतंत्र मीडिया को प्रोत्साहित करके, वास्तविकता पर आधारित काउंटर नैरेटिव का निर्माण करके और सत्तारूढ़ सरकार द्वारा नियोजित मनोवैज्ञानिक हेरफेर की रणनीति का मुकाबला करके लोगों द्वारा निर्धारित कथा को बनाए रखना और उस पर कार्यकरना था।
role of women and girls in various terror groupssadiakorobi2
Women have three distinct types of involvement: direct involvement in terrorist acts; enabling of others to commit such acts; and facilitating the disengagement of others from violent or extremist groups.
In a May 9, 2024 paper, Juri Opitz from the University of Zurich, along with Shira Wein and Nathan Schneider form Georgetown University, discussed the importance of linguistic expertise in natural language processing (NLP) in an era dominated by large language models (LLMs).
The authors explained that while machine translation (MT) previously relied heavily on linguists, the landscape has shifted. “Linguistics is no longer front and center in the way we build NLP systems,” they said. With the emergence of LLMs, which can generate fluent text without the need for specialized modules to handle grammar or semantic coherence, the need for linguistic expertise in NLP is being questioned.
01062024_First India Newspaper Jaipur.pdfFIRST INDIA
Find Latest India News and Breaking News these days from India on Politics, Business, Entertainment, Technology, Sports, Lifestyle and Coronavirus News in India and the world over that you can't miss. For real time update Visit our social media handle. Read First India NewsPaper in your morning replace. Visit First India.
CLICK:- https://firstindia.co.in/
#First_India_NewsPaper
6. HEDGE FUNDS AND BILLIONAIRE
HEDGE FUND MANAGERS
• Destroying our economy
• Corrupting our government
• Hurting our families, communities & environment
• Exploding greed & inequality
7. DESTROYING OUR ECONOMY
• Wage cuts, job cuts, pension raids, outsourcing
• Destruction of industrial base & jobs for short-term gain
• Winner-take-all economics
8. CORRUPTING OUR GOVERNMENT
• Campaign cash corruption
• Billions for lobbying & right-wing think tanks
• Paying for dog-whistle political appeals
• Funding attacks on public institutions
9. HURTING OUR FAMILIES,
COMMUNITIES & ENVIRONMENT
• Driving up the cost of housing, medications & college
• Bashing immigrants and low-income workers
• Austerity attack on Puerto Rico
• Profiting from mass incarceration & private prisons
• Fossil fuel & toxic chemical profiteers
11. TARGETING OUR OPPONENTS —
NOT JUST PLAYING DEFENSE
“The Hedge Clippers have a more singular
focus than Occupy Wall Street ever did. They
would like taxes raised on the superrich; they
want pension funds and universities to divest
from hedge funds; they want carried interest
to be taxed at a higher rate at the federal level
and for the loopholes around it in local tax
codes to be expunged.”
ON THE OFFENSE: DISCREDITING
& DISRUPTING THEIR GREED-
DRIVEN AGENDATARGETING OUR OPPONENTS —
NOT JUST PLAYING DEFENSE
“The Hedge Clippers have a more singular
focus than Occupy Wall Street ever did. They
would like taxes raised on the superrich; they
want pension funds and universities to divest
from hedge funds; they want carried interest
to be taxed at a higher rate at the federal level
and for the loopholes around it in local tax
codes to be expunged.”
“The Hedge Clippers have a more
singular focus than Occupy Wall
Street ever did. They would like taxes
raised on the superrich; they want
pension funds and universities to
divest from hedge funds; they want
carried interest to be taxed at a
higher rate at the federal level.”
“The Hedge Clippers will accomplish a
great deal if they can simply turn the
secretive few into the widely infamous.”
12. • 30 Hedge papers in our first year
• Partner papers with dozens of
allied groups
• A searchable annotatable database
of 86,000 dark-money campaign
contributions
“The Hedge
Clippers produce
and issue reports
at a speed that
would make many
graduate students
envious.”
RESEARCH
• 16 R
• 2 WH
• A SE
OF 8
CON
“The Hedge
Clippers produce
and issue reports
at a speed that
would make many
graduate students
envious.”
PPERS:
H
• 16 REPORTS
• 2 WHITE PAPERS
• A SEARCHABLE ANNOTATABLE DATABASE
OF 86,000 DARK-MONEY CAMPAIGN
CONTRIBUTIONS
GE CLIPPERS:
EARCH
• 16 REPORTS
• 2 WHITE PAPERS
• A SEARCHABLE ANNOTATABLE DATABASE
OF 86,000 DARK-MONEY CAMPAIGN
CONTRIBUTIONS
ce
ts
any
nts
HARD-HITTING NEW RESEARCH
“The Hedge Clippers
produce and issue
reports at a speed
that would make
many graduate
students envious.”
13. HEDGE PAPERS NO. 3
• Jobs Destroyed Due to Hedge Funds: 8,650
HEDGE PAPERS NO. 4
• Hedge funds spent on Albany politicians:
$39,642,505.92
HEDGE PAPERS NO. 27
• Closing the “Hedge Fund Loophole” in
New York would raise $3.7 billion for
schools, housing & jobs
• Top 25 U.S. hedge fund mangers made
$12.94 Billion
• All Kindergarten Teachers in U.S. Made:
$8.6 Billion
• Total hedge fund assets worldwide: $3 trillion
AMMUNITION FOR OURCAMPAIGNS
14. Dozens of rallies, street protests,
hit-and-run demonstrations, press
conferences & chalk talks in New
York, Chicago, Greenwich, East
Hampton, Miami & Philadelphia
COMMUNITY ORGANIZING
& AGGRESSIVE DIRECT ACTIONERS:
CT ACTION
ens of rallies, street protests, hit-
-run demonstrations and stand-up
ss conferences in New York City,
ny, Greenwich, CT & Philadephia, PA
25. They charge a fee for
investing other peoples’
money — and call it
“carried interest” to get
a lower tax rate.
They say “carried interest”
– we say “ripoff.”
26. “They make a fortune. They
pay no tax. It’s ridiculous.
Some of them are friends
of mine, some of them I
could care less about. It is
the wrong thing. The hedge
fund guys are getting
away with murder... The
middle class are getting
absolutely destroyed.”
28. It’s time to close the
carried interest loophole –
and make billionaires
pay their fair share.
29. “In 2012 and 2014, financial
interests spent more
than $1.1 billion to help
elect politicians from
both parties to Congress.
Managers of Paulson & Co.,
one of the largest hedge
funds, dropped nearly
$2.5 million in the last
two federal election
cycles. Executives of Elliot
Management, another
large fund, spent $23
million over that time.”
Congress won’t do it...
30. ... so it’s time for state
governments to step up
and take action.
COLUMBUS
TALLAHASSEE
D.C.
ANAPOLIS
RICHMOND
AUSTIN
SACRAMENTO
BOSTON
PROVIDENCE
HARTFORD
TRENTON
HARRISBURG
SPRINGFIELD
ALBANY
31. Close the carried interest
loophole and raise
billions for schools,
jobs, clean energy
and infrastructure.
32. state.
In states like New York, Massachusetts, Illinois, Connecticut and
California, the estimated income to be gained by taxing carried
interest at the state level is enormous.
New York’s private equity and hedge funds are conservatively
estimated to be earning $15.6 billion per year in under-taxed
carried interest. A state bill to recapture this revenue at the
ordinary income level is being introduced this month, and it
would add an estimated $3.7 billion additional dollars to New
York’s coffers.
But even states with significantly smaller hedge fund and private
NEW YORK: $3,726,821,695.70
CONNECTICUT: $535,458,159.04
NEW JERSEY: $112,803,817.52
MASSACHUSETTS: $938,146,374.90
CALIFORNIA: $1,621,611,614.32
ILLINOIS: $433,946,785.94
PENNSYLVANIA: $121,103,270.95
EST. ANNUAL REVENUE GAINED BY STATE TAX
ON CARRIED INTEREST
EST. ANNUAL REVENUE GAINED BY
STATE TAX ON CARRIED INTEREST
NEW YORK
$3,726,821,695.70
CONNECTICUT
$535,458,159.04
NEW JERSEY
$112,803,817.52
MASSACHUSETTS
$938,146,374.90
CALIFORNIA
$1,621,611,614.32
ILLINOIS
$433,946,785.94
PENNSYLVANIA
$121,103,270.95
33. Fair-share taxes on
the billionaires
and hedge funds.
Billions in new revenue
to invest in our future.
