Inequality.org
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The latest news, analysis & facts on economic inequality from the Institute for Policy Studies. Sign up for our weekly newsletter.
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https://inequality.org/resources/inequality-weekly/ 28-07-2014 17:27:53
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'In baseball, you don’t need a different bat to bunt. In golf, you need 14 different clubs, and none are cheap.'
The growing cost of keeping up with golf is driving the game to lose its 'sport' status. Sam Pizzigati of Inequality.org in InsideSources: dcjournal.com/point-is-golf-…
Just 0.5% of the collective wealth of these 806 billionaires could annually fund:
🛠️ 5.3 million clean energy jobs,
🩺 7.2 million registered nurses, or
🏘️ 95.6 million public housing units.
We need to #TaxTheRich .
That’s my Institute for Policy Studies colleague Chuck Collins! He was an heir to the Oscar Mayer meat packing fortune but gave it all away at the age of 26. Follow his work at Inequality.org.
Our friends at National Priorities Project broke down how your tax dollars are being spent, revealing just how heavily tilted our budget is toward military spending.
Have you heard about The Donor Revolt for Charity Reform? Read more about our efforts in Inequality.org here? inequality.org/great-divide/d… #DonorRevolt #DecolonizingWealth
Donor Revolt calls for end to donation ‘warehousing,’ increasing minimum distribution requirements for foundations, and mandated payouts and transparency for DAFs. Institute for Policy Studies Inequality.org Excessive Wealth Disorder Institute Community Foundation Awareness Initiative Council on Foundations Philanthropy Roundtable bit.ly/3J9mWc3
NEW: If you paid taxes for 2023, you likely paid around $346 for K-12 education, $11 for energy efficiency and renewables — and over $5,000 for militarism.
As #TaxDay approaches, our National Priorities Project researchers looked into how those taxes break down. More: ips-dc.org/2024-tax-day-r…
Shouldn't #philanthropy improve our society, not provide another way for millionaires to hoard wealth & influence?
Prominent philanthropists, national funders, & policy organizations agree & they're launching a campaign to call for charity reforms:
inequality.org/great-divide/d…
Wouldn't it be nice to know that all multi-billion dollar corporations contribute more of a share of federal taxes than you do?
That's not currently the case — but on Rising Up With Sonali, Sarah Anderson of Inequality.org explains how we can fix that: yesmagazine.org/video/tax-irs-…
NEW: Tax breaks for philanthropists should incentivize giving back — not subsidize 'multigenerational, dynastic foundations,' says Chuck Collins Inequality.org.
160+ donors are calling to end charitable wealth hoarding. More from Sean Captain Worth: worth.com/160-philanthro…
Proud to see so many Solidaire members among the inaugural signers of the #DonorRevolt for Charity Reform campaign. These donors know that common-sense policy change is crucial to building an equitable future. Join the Donor Revolt donorrevolt.com
160+ donors call for more regs of private foundations and #Dafs Want law tougher than sponsored by Chuck Grassley Senator Angus King Sheldon Whitehouse Thanks for input Chuck Collins Institute for Policy Studies H Scott Wallace Jennifer Risher #HalfMyDAF Charles Schwab Corp Lets talk Council on Foundations
worth.com/160-philanthro…
Today, a campaign kicked off to shift the rules of philanthropy into pressuring the ultra-wealthy to give faster — with supporters from oil heiresses to Disneys.
Emily Shugerman The Daily Beast offers a look at the brand new Donor Revolt for Charity Reform: thedailybeast.com/philanthropist…
NEW: As U.S. philanthropy is overtaken by ultra-wealthy donors, we see more charitable abuses, wealth hoarding, and a growing public distrust in this system.
Our Inequality.org team researched who's been protecting this status quo. Here's what they found:
ips-dc.org/report-who-is-…
🚨 Introducing the #DonorRevolt for Charity Reform, a campaign of 167+ donors who support common-sense changes to our nation's rules shaping philanthropy.
It's time to boost payouts, increase transparency, and close down abuses of donor-advised funds.
donorrevolt.com