Tag #Income Inequality

Showing 37 to 48 of 120 results

politico.eu
🌐 85% Global Worthiness
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€32,400 Pay Raises for Top EU Parliament Officials Spark Outrage

Ten top European Parliament officials received €32,400 annual pay raises, reaching potential pre-tax salaries of €278,825.88 following promotions to AD16, sparking criticism amid widespread economic hardship within the EU.

Progress

68% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Madrid Concentrates 44.6% of Spain's Highest Earners

In 2023, only 14,738 people in Spain declared annual incomes exceeding €601,000; however, 44.6% of them reside in Madrid, which accounts for just 16.3% of all Spanish taxpayers. This concentration is attributed to Madrid's tax policies, creating a significant economic disparity across regions.

Progress

40% Bias Score

Reduced Inequality
cbsnews.com
🌐 85% Global Worthiness
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Republican Budget to Disproportionately Benefit Wealthiest Americans, CBO Finds

The Republican budget proposal, projected to increase average household resources, would disproportionately benefit high-income earners (\$12,000 annually for the top 10%), while the lowest-earning 10% would lose nearly \$1,600 annually, primarily due to cuts in Medicaid and food stamps, according t...

Progress

48% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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US Income Inequality: A Productivity Paradox

Since 1980, U.S. productivity has outpaced worker compensation growth by a factor of two, leading to soaring household debt ($20 trillion) as consumers compensated for stagnant wages, resulting in extreme income inequality and potential social instability.

Progress

56% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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German MPs Approve €600 Monthly Salary Increase

The German Bundestag approved a nearly €600 monthly salary increase for its members, effective July, mirroring a rise in federal judges' salaries, sparking debate about fairness given the smaller increases received by low-income earners.

Progress

52% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
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Ryanair CEO O'Leary's Potential €100 Million Bonus Sparks Criticism

Ryanair CEO Michael O'Leary could receive over €100 million in bonuses by July 2028 if the airline's share price remains above €21 for 28 consecutive days, a target met as of Thursday, despite a recent fall in annual profits; this has sparked criticism from the High Pay Centre regarding executive co...

Progress

56% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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ATO Data Reveals Tax Avoidance, Negative Gearing Surge, and Widening Wealth Disparity

The ATO's 2022-23 tax statistics show 91 millionaires paid no tax, negative gearing losses increased due to rising interest rates, and high-income earners disproportionately benefit from capital gains, while many nearing retirement lack sufficient superannuation.

Progress

60% Bias Score

Reduced Inequality
euronews.com
🌐 85% Global Worthiness
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Wide Variation in European Pensioner Poverty Rates

Pensioner poverty rates in Europe vary widely, from 3.1% in Iceland to 37.4% in Estonia in 2022, reflecting differences in welfare systems and pension schemes; Eastern European countries have significantly higher rates than Western and Northern European countries.

Progress

44% Bias Score

No Poverty
elmundo.es
🌐 75% Global Worthiness
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Slowdown in Spanish Household Income Growth Amidst Persistent Inflation

Spanish household pre-tax income growth slowed to 7.4% in Q1 2025, down from 8.5% in Q1 2024, due to slower wage and investment income growth; while exceeding current inflation, past inflation eroded purchasing power, and future projections show a narrowing gap between wage growth and inflation.

Progress

36% Bias Score

No Poverty
elmundo.es
🌐 75% Global Worthiness
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Spain's Economic Paradox: Growth Doesn't Reach Citizens

Spain's 2024 CES annual report highlights a disconnect between positive economic indicators and the struggles faced by citizens, particularly concerning housing affordability, insufficient wages, and long-term unemployment, impacting innovation and social cohesion.

Progress

40% Bias Score

Reduced Inequality
pda.kp.ru
🌐 85% Global Worthiness
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Record Russian Average Salary Masks Public's Financial Anxiety

Rosstat reported a record average Russian monthly salary of 97,645 rubles in March 2025, up 11% year-on-year, but a May 2025 FOM survey showed only 10% of respondents felt their finances improved, with 22% reporting worsening conditions, highlighting a significant disconnect between official statist...

Progress

48% Bias Score

Reduced Inequality
dw.com
🌐 75% Global Worthiness
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German Middle Class Defined by Income: 48% in 2022

A new study defines Germany's middle class based on income relative to the 2022 median income (€2312): €1850-€3470 for single-person households, €3880-€7280 for four-person households; 48% of Germans fall within this range, 4% are considered relatively wealthy (over 250% of median income).

Progress

36% Bias Score

Reduced Inequality

Showing 37 to 48 of 120 results