Tag #Income Inequality

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abcnews.go.com

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Nov 30, 23:00

Republicans Plan $4 Trillion Tax Cut, Social Program Cuts in 100-Day Agenda

Republicans plan a 100-day agenda starting with a $4 trillion tax cut renewal favoring higher earners, alongside cuts to social programs and green energy initiatives, despite a narrow House majority and potential Democratic opposition.

Republicans Plan $4 Trillion Tax Cut, Social Program Cuts in 100-Day Agenda

Republicans plan a 100-day agenda starting with a $4 trillion tax cut renewal favoring higher earners, alongside cuts to social programs and green energy initiatives, despite a narrow House majority and potential Democratic opposition.

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What are the immediate economic and social impacts of the proposed $4 trillion Republican tax cut plan?

Republicans plan a 100-day agenda including $4 trillion in tax cuts, impacting higher-income households most. This will revive debates about income inequality and government size. The plan faces opposition and questions about its economic impact.

milano.corriere.it

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Nov 10, 13:14

Milan Wages: High Average Masks Deep Inequalities

A CGIL report reveals high average wages in Milan but significant inequalities, inflation impact, and rising unemployment claims.

Milan Wages: High Average Masks Deep Inequalities

A CGIL report reveals high average wages in Milan but significant inequalities, inflation impact, and rising unemployment claims.

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How has inflation affected the purchasing power of workers in Milan?

Inflation, at 5.9%, eroded the purchasing power of all workers in Milan, impacting different sectors and income levels differently. Those in manufacturing and commerce experienced the most significant loss of purchasing power.

dw.com

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Nov 30, 17:08

Turkey Enters Technical Recession Amidst Growing Income Inequality

Turkey's economy contracted by 0.2% in the third quarter of 2023, marking a technical recession, as construction growth offset declines in manufacturing and labor compensation's share of GDP fell significantly, highlighting growing income inequality.

Turkey Enters Technical Recession Amidst Growing Income Inequality

Turkey's economy contracted by 0.2% in the third quarter of 2023, marking a technical recession, as construction growth offset declines in manufacturing and labor compensation's share of GDP fell significantly, highlighting growing income inequality.

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What is the immediate economic impact of Turkey's technical recession, and what are its global implications?

Turkey's Q3 GDP contracted by 0.2%, marking a technical recession following a revised Q2 contraction. Construction sector growth of 9.2% offset declines in other sectors, notably manufacturing (-2.2%). Labor compensation's share of GDP fell to 36.4%, down from 41.7% in Q1, while net operating surplus rose to 45.1%.

Showing 85 to 87 of 87 results