IRS announces new $600 reporting rule: There are significant punishments for being late.

This affects all political leanings. This is another #wealthTransfer from poor gig workers to wealthy corporations and institutional-class investors. It now involves mountains of paperwork navigation for which many will have to pay additional money to tax prep accountants — a windfall for H&R Block. This is #classWar in the USA whose government declared it on the Public on behalf of the ruling plutocrats.
#feudalism #plutocracy #redistribution #poorTax

https://www.msn.com/en-us/money/other/irs-announces-new-600-reporting-rule/vi-AA1ZTGZG

https://www.theguardian.com/commentisfree/2026/jun/17/is-it-bad-that-elon-musk-has-a-trillion-dollars-yes-and-heres-why?CMP=share_btn_url

>> ...we need a paradigm shift when it comes to thinking about the negative effects of extreme wealth concentration. <<

Image: REUTERS/Nathan Howard

#ElonMusk #IngridRobeyns #ExtremeWealth #Limitarianism #IngridRobeyns #Plutocracy #Oligarchy #DistributiveJustice #Politics

74 per cent of the world's population (6 billion people) now lives in autocracies and only 7 per cent of the world's population (600 million) lives in liberal democracies.
"The gains of the 'third wave of democratisation', starting in 1974 in Portugal, are almost eradicated,"
https://www.abc.net.au/news/2026-06-17/democracy-cannot-survive-trillionaires-gabriel-zucman-elon-musk/106798842

#Autocracy #Capitalism #oligarchs #plutocracy #TaxTheRich

How the growing chasm between haves and have nots is unravelling Canada's social fabric

https://www.thestar.com/business/opinion/how-the-growing-chasm-between-haves-and-have-nots-is-unravelling-canadas-social-fabric/article_8d45f4d6-2ac0-4ac7-837a-c0092c02f0c6.html

> Amid skyrocketing costs, a recent Leger poll found two thirds of Canadian's already in dire straits report their financial situation having worsened, writes Heather Scoffield.

#plutocracy — rule by the rich — means that the system is increasingly biased towards making them richer and us poorer.

It's not the immigrants.

"In the months that followed, public health models would indicate Musk was a killer, at a far greater scale than any Coen brothers villain. A tracker co-created by Boston University professor Brooke Nichols projected over 780,000 deaths — mostly of children, many of infants — due to the Trump administration’s early-2025 USAID cuts, caused by malaria, tuberculosis, HIV, and more. These deaths were widely predicted from the beginning, a direct, known, and undeniable consequence of DOGE’s actions. We don’t know the precise number of deaths, but multiple experts working on identifying the scale of the tragedy have generally agreed it’s in the hundreds of thousands. Global researchers, publishing in Nature, project that the cuts to USAID could result in 163,500 child deaths yearly. Another publication in The Lancet says there could be millions more to come. Musk showed no sign of caring.

During a televised cabinet meeting at the White House in 2025, Musk, wearing a murdered-out MAGA hat signed by his boss, had a giggle about “accidentally” canceling Ebola prevention. He said it was a mistake that would be fixed. USAID whistleblower Nicholas Enrich, testifying before Congress, said that fix never came. A little more than a year after Musk’s comments, Africa is facing what could become the worst Ebola outbreak ever. And DOGE’s cleaver to USAID goes well beyond the latest Ebola crisis. According to Enrich, the HIV rate among new babies being born was looking close to zero, until Musk intervened."

https://www.theverge.com/tech/949259/the-worlds-first-trillionaire-is-a-killer

#USA #USAID #DOGE #Musk #Plutocracy #PublicHealth

Elon could have been Batman, but he chose to be a jerk instead.

#meme #cringe #elon #elonmusk #billionaires #trillionare #fail #system #matrix #finance #money #capitalism #politics #plutocracy #oligarchy #society #justice #ethics #fans #economy #business #wealth #rich #poverty #world #worldorder #humanrights

"A federal judge on Friday indefinitely blocked President Donald Trump’s proposed $1.8 billion payout fund, which is still being challenged in court despite Justice Department officials claiming the effort is dead.

At a hearing in Virginia federal court, U.S. District Judge Leonie M. Brinkema issued a preliminary injunction blocking the fund, which the administration sought to create for those who claim they were improperly investigated by the government. She forcefully rejected the government’s arguments that the case was moot, citing Trump’s praising of the idea and acting attorney general Todd Blanche’s unwillingness to say under the penalty of perjury that the administration will not try to stand it up in the future.

She gave the government one week to enter a “clear, unambiguous” declaration in the court record that the fund is dead, at which time she will consider dismissing the case."

https://www.washingtonpost.com/national-security/2026/06/12/federal-judge-indefinitely-blocks-trumps-18-billion-payout-fund/

#USA #Trump #Plutocracy #Corruption