Tag #Wealth Distribution

Showing 1 to 12 of 25 results

corriere.it
🌐 75% Global Worthiness
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Venice's Economic Divide: Wealth Concentration and Unequal Access

An Italian article discusses the economic inequalities in Venice, highlighting the contrast between the vast wealth generated by events like Jeff Bezos' wedding (€1 billion estimated) and the struggles of local businesses and the healthcare system, exacerbated by foreign investment extraction and lo...

Progress

52% 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
forbes.com
🌐 75% Global Worthiness
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Trump Accounts: \$1,000 Child Investment with Complex Tax Implications

The House-passed One Big Beautiful Bill Act establishes "Trump Accounts," providing a \$1,000 federal investment for each child born between 2025 and 2028, projected to grow to over \$8,000 by age 18, with tax implications varying based on fund usage and income level, potentially benefiting higher e...

Progress

56% Bias Score

No Poverty
kathimerini.gr
🌐 85% Global Worthiness
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Western Inequality: A Reassessment

Daniel Waldenström, Stockholm's IFN economics professor, argues that Western societies currently have the lowest inequality globally, with the middle class experiencing record wealth growth despite the rise in billionaires. He attributes the rise of populist movements to incomplete integration of im...

Progress

52% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Wealth Concentration and Increased Economic Opportunity: A Contrarian View

Between 1982 and 2023, the wealthiest 0.00001% of Americans saw their share of total U.S. household wealth rise from 0.1% to 1.2%, a trend the author argues stimulates economic opportunity for the broader population by fueling investment and job creation.

Progress

68% Bias Score

Reduced Inequality
zeit.de
🌐 85% Global Worthiness
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German Coalition Agreement Favors Businesses, Raises Social Inequality Concerns

Germany's new coalition government's agreement prioritizes corporate tax cuts and reduced energy taxes, benefiting businesses and high-income earners while offering minimal relief for lower-income groups, raising concerns about social inequality and the potential for further political polarization.

Progress

60% 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
cincodias.elpais.com
🌐 85% Global Worthiness
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Spain's Real Estate Focus: A High-Risk, High-Reward Strategy

A UBS report reveals that Spanish households hold 75.9% of their wealth in real estate, the highest in Europe, driven by cultural preferences and impacting national wealth distribution. The upcoming "Great Succession" will transfer 17% of Spain's wealth in the next decades.

Progress

44% 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
dailymail.co.uk
🌐 85% Global Worthiness
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Australia's Super Tax: Inflation Indexing Crucial to Mitigate Future Impact

Australia's Labor government plans to introduce new superannuation taxes on balances above \$3 million and a 15% tax on unrealised gains; however, the lack of inflation indexing will significantly broaden the impact over time, affecting more people than initially projected.

Progress

56% Bias Score

Reduced Inequality
elpais.com
🌐 85% Global Worthiness
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Record Investment Returns in Spain in 2024 Exceed €90 Billion

Spanish households received record investment returns exceeding €90 billion in 2024, a 22.6% increase from 2023, primarily due to rising interest rates, increased dividends, and capital gains from stocks and real estate, disproportionately benefiting high-income households.

Progress

36% Bias Score

Reduced Inequality
t24.com.tr
🌐 85% Global Worthiness
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Turkey's High-Value Bank Deposits Surge in February 2025

As of February 2025, Turkey saw a 115,871 increase in individuals holding over 1 million Turkish Lira in their accounts compared to December 2024, totaling 2,123,799 individuals with over 15.5 trillion Lira in combined deposits.

Progress

28% Bias Score

Reduced Inequality

Showing 1 to 12 of 25 results