#not with this congress and president
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In 2024, wealth concentration rose to an all-time high. According to Forbesâ Billionaires List, not only are there more billionaires than everâ2,781âbut those billionaires are also richer than ever, with an aggregate worth of $14.2 trillion. This is a trend that looks set to continue unabated. A recent report from the financial data company Altrata estimated that about 1.2 million individuals who are worth more than $5 million will pass on a collective wealth of almost $31 trillion over the next decade.
Discontentment and concern over the consequences of extreme wealth in our society is growing. Senator Bernie Sanders, for instance, stated that the âobscene level of income and wealth inequality in America is a profoundly moral issue.â In a joint op-ed for CNN in 2023, Democratic congresswoman Barbara Lee and Disney heiress Abigail Disney wrote that âextreme wealth inequality is a threat to our economy and democracy.â In 2024, when the board of Tesla put to vote a $56 billion pay package for Elon Musk, some major shareholders voted against it, declaring that such a compensation level was âabsurdâ and âridiculous.â
In 2025, the fight against rising wealth inequality will be high on the political agenda. In July 2024, the G20âthe worldâs 20 biggest economiesâagreed to work on a proposal by Brazil to introduce a new global âbillionaire taxâ that would levy a 2 percent tax on assets worth more than $1 billion. This would raise an estimated $250 billion a year. While this specific proposal was not endorsed in the Rio declaration, the G20 countries agreed that the super rich should be taxed more.
Progressive politicians wonât be the only ones trying to address this problem. In 2025, millionaires themselves will increasingly mobilize and put pressure on political leaders. One such movement is Patriotic Millionaires, a nonpartisan group of multimillionaires who are already publicly campaigning and privately lobbying the American Congress for a guaranteed living wage for all, a fair tax system, and the protection of equal representation. âMillionaires and large corporationsâwho have benefited most from our countryâs assetsâshould pay a larger percentage of the tab for running the country,â reads their value statement. Members include Abigail Disney, former BlackRock executive Morris Pearl, legal scholar Lawrence Lessig, screenwriter Norman Lear, and investor Lawrence Benenson.
Another example is TaxMeNow, a lobby group founded in 2021 by young multimillionaires in Germany, Austria, and Switzerland which also advocates for higher wealth taxation. Its most famous member is the 32-year old Marlene Engelhorn, descendant of Friedrich Engelhorn, founder of German pharma giant BASF. She recently set up a council made up of 50 randomly selected Austrian citizens to decide what should happen to her âŹ25 million inheritance. âI have inherited a fortune, and therefore power, without having done anything for it,â she said in a statement. âIf politicians donât do their job and redistribute, then I have to redistribute my wealth myself.â
Earlier this year, Patriotic Millionaires, TaxMeNow, Oxfam, and another activist group called Millionaires For Humanity formed a coalition called Proud to Pay More, and addressed a letter to global leaders during the annual gathering of the World Economic Forum in Davos. Signed by hundreds of high-net-worth individualsâincluding heiress Valerie Rockefeller, actor Simon Pegg, and filmmaker Richard Curtisâthe letter stated: âWe all know that âtrickle down economicsâ has not translated into reality. Instead it has given us stagnating wages, crumbling infrastructure, failing public services, and destabilized the very institution of democracy.â It concluded: âWe ask you to take this necessary and inevitable step before itâs too late. Make your countries proud. Tax extreme wealth.â In 2025, thanks to the nascent movement of activist millionaires, these calls will grow even louder.
#it's nice to think about but it's not going to happen anytime soon#not with this congress and president
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Maxwell Alejandro Frost is an American politician and activist serving as the U.S. representative for Florida's 10th congressional district since 2023. A member of the Democratic Party, he was previously the national organizing director for March for Our Lives. Elected at age 25, Frost is the youngest member of the United States Congress.
#congress#politics#us politics#political#donald trump#news#president trump#elon musk#america#us news#american politics#jd vance#law#maxwell#maxwell frost#activism#activist#march for our lives
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Elon Musk who is an unelected billionaire who does not have have Congressional authority to halt payments and access millions of personal information and SSN numbers from Americans has forced himself and his 6 college student workers into the US Treasury while duly elected members of Congress who have access to federal buildings are denied entry.
The Oligarchy has taken over the federal government under the guidance of Donald Trump


#donald trump#potus#president trump#us politics#breaking news#politics#news#president of the united states#tumblr#united states politics#us treasury#usa news#us news#usa#united states news#United States#current events#us congress#congress#elon musk
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No children are allowed in the Library of Congress.
It's not that kind of library.
In other words...
You are being lied to
again
#library of congress#donald trump#trump administration#trump#fuck trump#president trump#maga#republicans#fuck maga#maga morons#maga cult#maga fafo#gop
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#tiktok#elon musk#us treasury#us government#us govt#us politics#us presidents#elongated muskrat#fuck elon#elongated man#treasury department#donald trump#fuck trump#president trump#trump#trump can go fuck himself#democrats#congress#congressman#congresswoman#us congress#us state representative#state representative#trump is a threat to democracy#trump is the enemy of the people#trump is a criminal#trump cabinet
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#kamala for president#trump#donald trump#kamala harris#trump 2024#democrats#vote kamala#kamala 2024#vp kamala harris#joe biden#president biden#biden#usa politics#usa#democrats will destroy america#america#merica#ussr#communism memes#elites#lobbyists#corporations#donors#barack obama#obama#blackrock#wealthy#congress#senate#censorship
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The U.S. Department of Education serves more than 50 million students in nearly 130,000 schools across the country and provides funding support to more than 13 million college and trade school students. đ«
Today, President Trump signed an executive order to dismantle the department â but the President of the United States cannot get rid of a federal agency without Congressâ approval. Our Courts also have the power to strike down an executive order if federal judges find it unconstitutional or decide the president does not have authority to issue it.Â
Swipe to learn more about the Department of Education, and what this executive order could mean for students.
#white house#education#executive order#breaking news#news#department of education#students#schools#congress#president
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#just azure things#just azzy things#wicked bitch of the midwest#what the hell is wrong with you#you got some wicked tastes girl#dankmark#dank#shit azzy says#shit azure says#youtube#donald trump#trump administration#trump#president trump#doge#america#jd vance#congress#democrats#republicans
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THANK FUCKING GOD
"The Supreme Court on Thursday [June 13, 2024] unanimously preserved access to a medication that was used in nearly two-thirds of all abortions in the U.S. last year, in the courtâs first abortion decision since conservative justices overturned Roe v. Wade two years ago.
The nine justices ruled that abortion opponents lacked the legal right to sue over the federal Food and Drug Administrationâs approval of the medication, mifepristone, and the FDAâs subsequent actions to ease access to it. The case had threatened to restrict access to mifepristone across the country, including in states where abortion remains legal.
Abortion is banned at all stages of pregnancy in 14 states, and after about six weeks of pregnancy in three others, often before women realize theyâre pregnant.
Justice Brett Kavanaugh, who was part of the majority to overturn Roe, wrote for the court on Thursday that âfederal courts are the wrong forum for addressing the plaintiffsâ concerns about FDAâs actions.â
The opinion underscored the stakes of the 2024 election and the possibility that an FDA commissioner appointed by Republican Donald Trump, if he wins the White House, could consider tightening access to mifepristone, including prohibiting sending it through the mail...
Kavanaughâs opinion managed to unite a court deeply divided over abortion and many other divisive social issues by employing a minimalist approach that focused solely on the technical legal issue of standing and reached no judgment about the FDAâs actions...
While praising the decision, President Joe Biden signaled Democrats will continue to campaign heavily on abortion ahead of the November elections. âIt does not change the fact that the right for a woman to get the treatment she needs is imperiled if not impossible in many states,â Biden said in a statement...
About two-thirds of U.S. adults oppose banning the use of mifepristone, or medication abortion, nationwide, according to a KFF poll conducted in February. About one-third would support a nationwide ban...
More than 6 million people [in the U.S.] have used mifepristone since 2000. Mifepristone blocks the hormone progesterone and primes the uterus to respond to the contraction-causing effect of a second drug, misoprostol. The two-drug regimen has been used to end a pregnancy through 10 weeks gestation...
Bidenâs administration and drug manufacturers had warned that siding with abortion opponents in this case could [have] undermined the FDAâs drug approval process beyond the abortion context by inviting judges to second-guess the agencyâs scientific judgments. The Democratic administration and New York-based Danco Laboratories, which makes mifepristone, argued that the drug is among the safest the FDA has ever approved."
-via AP, June 13, 2024
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Note: A massive relief and a genuine victory - this will preserve access to the medication used in 2/3rds of abortions last year, for at least another 2 years. (Probably minimum time it will take Republicans to get their next attempt before the Supreme Court.)
Still, with this, a sword that has been hanging over our heads for the last two years is gone. There will be a new one soon, but we just bought ourselves probably at least 2 years. The fight isn't over, but this is absolutely worth celebrating.
#edited like two hours after posting to add clarification that this decision isn't permanent#thanks to @queerrights for pointing out that wasn't clear#but it DOES buy us a couple years#and importantly it gives us two to three more years to fix this situation#because if democrats win the presidency and both houses of congress#(without fucking joe manchin there to singlehandedly stop them he's a fucking bastard)#then democrats WILL make abortion legal nationwide once again#abortion#abortion rights#bodily autonomy#reproductive rights#abortion is healthcare#united states#us politics#supreme court#us news#us supreme court#republicans#democrats#healthcare#public health#medicine#abortion pill#abortion access#abortion bans#current events#usa#pro choice#scotus#mifepristone
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#kamala harris#President Trump#MAGA#Trump Train#trump vance 2024#make america great again#not my pic#too big to rig#not my image#too big to steal#trump#suck my freedom#congress
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#politics#us politics#democrats are corrupt#democrats will destroy america#wake up democrats!!#biden crime syndicate#irs audit#irs#audit congress#government spending#government audit#maga#make america great again#president donald trump#true patriot#truth justice and the american way#Instagram
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#bernie#bernie sanders#sanders#senator sanders#feel the bern#politics#political#us politics#news#donald trump#president trump#american politics#elon musk#jd vance#law#senator#government#congress#american#america#denmark#greenland#health care#college#parental leave#paid vacation#us news#trump administration#maga#elon
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Donald Trump just admitted at his Joint Session of Congress that Elon Musk is the head of DOGE after his attorney lied in federal court that Elon Musk is not the head of DOGE.
#donald trump#potus#president trump#us politics#breaking news#politics#news#president of the united states#united states politics#tumblr#usa news#us news#united states news#United States#state of the union#sotu#joint session of congress#join session
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1981 and nothing has changed

#roe v wade#roe vs. wade#roe versus wade#pro choice#abortion rights#abortion#bodily autonomy#abortion is healthcare#reproductive rights#donald trump#trump administration#trump#fuck trump#president trump#tariffs#doge#trump tariffs#supreme court#constitution#congress#democracy#judiciary#trump treason
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"A Sour Future: Past Presidents Face the Orange"
[Scene:]In a candlelit room. A group of past U.S. presidents sitting around a table, gazing at a single orange. The flickering light casts shadows across their faces as they exchange knowing glances, as if peering into a future they never imagined. And then, as if struck by a sudden shared realization, they all think simultaneously:
"Damn... this orange is a lemon."
#fuck trump#donald trump#fuck elon#elon musk#jd vance#fuck jd vance#american politics#republicans#fuck maga#fuck elon musk#fuck republicans#fox news#fuck democrats#fuck fox news#fuck biden#fuck kamala harris#obama#president trump#karoline leavitt#marjorie taylor greene#pete hegseth#congress
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đł
#trump#donald trump#kamala harris#trump 2024#democrats#vote kamala#kamala 2024#kamala for president#vp kamala harris#ohio news#ohio#springfield#vp harris#vivek ramaswamy#newsmax#glenn beck#jesse watters#greg gutfeld#dan bongino#clay travis#republicans#gop patriots#gop#conservatives#fox news#laura ingraham#bill of rights#constitution#congress#senate
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