From private jets & yachts to ownership of companies & financial assets, the 1% super-rich are responsible for an outsized share of the #ClimateCrisis, delivering nearly $1 trillion a year in damage to our climate.

"The glaring inequalities between the impact on the planet of the super-rich and those of ordinary people are increasingly coming under the spotlight, as wealth inequality soars around the world."

https://www.theguardian.com/environment/2026/jun/10/super-rich-assets-outsized-amount-climate-harm-study

#CostOfLivingCrisis #Inequality #InequalityCrisis #ClimateChange #ClimateBreakdown #PolyCrisis

An upper income tax and wealth tax bracket defined annually by a multiple of mean GDP per capita, and set at 100%. This rich, and no richer.

If you want to get beyond nx wealthier than today's average citizen, you're going to have to make tomorrow's average citizen richer. Want your slice to be bigger? Enlarge the cake.

N income and n wealth could be really big, it could be possible for individuals to be filthy rich and still have this work, IMO.

#prosperity #wealthtax #inequalitycrisis

The more #inequality in our #society, the easier for a minority of people to find people who will do harm to society for a tiny piece of the pie.

The more people sliding into precarious situations (due to their poor country, just bad economy, disasters or war), the easier to find people who need money and will work against even their own interests to survive or keep their standard of living.

#inequalitycrisis is a threat to #democracy.

Climate disasters and war are good for an #oligarchy.

‘We deserve more’: US workers’ share of the pie dwindles | US income inequality | The Guardian
https://www.theguardian.com/us-news/article/2024/may/06/workers-income-labor-

#EconomicInequality #inequality #inequalitycrisis #poverty #corporateprofits #economy #labor #economics