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Showing posts with label The rich. Show all posts
Showing posts with label The rich. Show all posts
Richest 400 Americans' net worth jumps 13 percent to $1.7 trillion: Forbes | Reuters
Richest 400 Americans' net worth jumps 13 percent to $1.7 trillion: Forbes | Reuters: (Reuters) - "The net worth of the richest Americans grew by 13 percent in the past year to $1.7 trillion, Forbes magazine said on Wednesday, and a familiar cast of characters once again populated the top of the magazine's annual list of the U.S. uber-elite, including Bill Gates, Warren Buffett, Larry Ellison and the Koch brothers."
"But the 13 percent growth in the wealth of the richest Americans far outpaced that of the economy overall, helping widen the chasm between rich and poor." (My selection)
A bunch of white males (my comment)
That is why people are revolting; only the middle class is suppose to tighten its belt while the rich get richer and protect their interests with the aid of the police, CIA, NSA and military; and these organizations are paid by the people's taxes. (my comment)
"But the 13 percent growth in the wealth of the richest Americans far outpaced that of the economy overall, helping widen the chasm between rich and poor." (My selection)
A bunch of white males (my comment)
That is why people are revolting; only the middle class is suppose to tighten its belt while the rich get richer and protect their interests with the aid of the police, CIA, NSA and military; and these organizations are paid by the people's taxes. (my comment)
Warren Buffett says cancer radiation treatment completed | Reuters
Warren Buffett says cancer radiation treatment completed | Reuters: (Reuters) - "Berkshire Hathaway Inc Chief Executive Warren Buffett has said he has completed final radiation treatment for prostate cancer, the Omaha World-Herald newspaper reported on Saturday."
Q A: The Buffett Rule, a minimum tax on the rich | Reuters
Q A: The Buffett Rule, a minimum tax on the rich | Reuters: (Reuters) - "President Barack Obama and congressional Democrats are laying a political trap for Republicans to be sprung on Monday when the U.S. Senate is slated to vote on the proposed "Buffett Rule," which would slap a minimum tax on the highest-income Americans."
Should rich people pay more for Medicare? | Reuters Money
Should rich people pay more for Medicare? | Reuters Money: "Should affluent seniors pay more for Medicare than everyone else? How about Social Security? Should we cut benefits for wealthy Americans?"
WHO warns of growing epidemic of premature death from ‘noncommunicable diseases’ - The Washington Post
WHO warns of growing epidemic of premature death from ‘noncommunicable diseases’ - The Washington Post: "The world is facing a growing avalanche of death from heart attack, stroke, cancer, emphysema and diabetes, with many of the victims working-age people in poor countries. Up to half of those deaths could be prevented or deferred by implementing a short list of interventions, some by individual people and some by governments. But no country is doing all it could."
Some U.S. firms paid more to CEOs than taxes: study | Reuters
Some U.S. firms paid more to CEOs than taxes: study | Reuters: "(Reuters) - Twenty-five of the 100 highest paid U.S. CEOs earned more last year than their companies paid in federal income tax, a pay study said on Wednesday."
Unbelievable!
Super rich still making money in crisis | Reuters
Super rich still making money in crisis | Reuters: (Reuters) - "Financial advisers to the world's richest people report some of their top clients have continued to make money throughout recent market turmoil by harnessing sophisticated investments out of reach to mainstream punters."
""It still remains the domain of the kind of client that can write a million dollar ticket or more ... From a regulatory point of view, the industry is not allowed to put the intermediate or the novice client into a hedge fund."
""It still remains the domain of the kind of client that can write a million dollar ticket or more ... From a regulatory point of view, the industry is not allowed to put the intermediate or the novice client into a hedge fund."
And this is not a surprise but is it ethical?
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