“I came [to Mamdani’s inauguration] expecting a political coronation. But as I worked my way through the crowd, it felt closer to a collective recalibration—a moment to take stock of how ideas once dismissed as fringe, like openly taxing wealthy citizens, were now being voiced from the steps of City Hall without apology, and to wonder how much further the shift could go.”

#Politics #USPolitics #ProgressivePolitics #MamdaniForMayor #TaxTheWealthy #ProgressiveGovernance

https://slate.com/news-and-politics/2026/01/zohran-mamdani-new-york-mayor-first-big-speech.html

I Came to See Mamdani’s First Big Speech as Mayor. I Found Something Else Entirely.

New York City is working through its feelings in real time.

Slate

@KimPerales

There is no scenario in which the US pays down its debt without significantly increasing taxes on the wealthy.

#USPol #Politics #USPolitics #NationalDebt #TaxOligarchs #TaxTheRich #TaxTheWealthy #Taxes

When the mouthpieces of the rich tell you how terrible it will be if we tax the rich, consider previous tax rates. In the 70s the top rate of tax was 83%. In the 60s & 70s financial inequality reduced and the living standard of most people improved. #TaxTheWealthy https://blogs.lse.ac.uk/politicsandpolicy/the-top-rate-of-income-tax-2/
The top rate of income tax - British Politics and Policy at LSE

If a new government were to raise the top rate of income tax, it is unlikely that the UK's highest earners will work less hard but it is likely they will try harder to avoid paying tax. That means tougher enforcement will be needed if taxes rise, says Alan Manning. For the latest research articles

British Politics and Policy at LSE -
In a cost-of-living crisis, the top 1% saw their wealth soar. Labour dropped its non-dom tax pledge. Still think this is “better than the Tories”? #ToryLite #TaxTheWealthy
@chris the danger of the #TaxTheWealthy is that it reinforces the idea that the govt. requires revenue to do anything. This is the neoliberal/monetarist framing of the past 50y, it must be escaped.

#TaxtheWealthy. Especially if a bunch of them are not only OK with it but are actively ASKING for it to be done!

“”Are we going to recognize that massive growing runaway wealth inequality is a danger to democracy?" Trottier said.”

#CanPoli #CdnPoli #Tax #wealthgap #affordability
https://www.cbc.ca/news/business/patriotic-millionaires-canada-taxes-1.7530936

These Canadian millionaires are asking for tax increases — but just for themselves | CBC News

A group of wealthy Canadians calling themselves 'Patriotic Millionaires' is banding together to lobby governments to increase the amount of taxes they must pay — but opponents say it will be bad for entrepreneurship in Canada.

CBC
Bluesky

Bluesky Social
"The rich accumulate more and more, it doesn't trickle down, it trickles up actually." Brian Eno, wealthy himself, explains the selfishness of the very rich and why wealth should be distributed more fairly. #billionaires #wealth #taxthewealthy https://www.youtube.com/watch?v=hh7Cxt_PKqw
Brian Eno perfectly explains selfishness of the super rich

YouTube
Bluesky

Bluesky Social