The top 1% of Americans now control one-third of all U.S. net worth as inflation erodes purchasing power and the Federal Reserve’s first rate hike since 2023 pushes borrowing costs higher. Top 1% Hold $60.3 Trillion, Bottom 50% Hold $4.3...

We should have a global Land Value Tax on the top 1%.

  • TheTechnician27@lemmy.worldEnglish
    14·
    6 days ago
    • Not AI. It’s a stock photo (credited in the caption), which often look like AI because they’re inherently pretty staged and lifeless and make up a lot of generative AI’s training material.
    • Setting aside the fact there’s no evidence of AI in this image in a vacuum, here’s the album, where you can see consistency between shots. And the image is credited to early 2016.
    • While Yahoo! Finance has original articles (and I don’t know what you have against them, being so vague about it), this isn’t one of them. This is an article from the newsletter of Benzinga, an investment platform. By and large, Yahoo! News and Yahoo! Finance are news aggregators with a minority of their content being first-party.
    • You can edit your comments and don’t have to fork your amendment(s)/addendum(s) into a second comment.