How Does the Royal Family Make Money? Their Salaries and Worth, Explained. The royal family gets paid through a mix of public and private funds.The Queen's net worth fell to $460 million in 2020, according to UK newspaper The Sunday Times.According to Oprah's interview with Prince Harry and Meghan Markle, the couple were "cut off.
" Study Shows 5.4 Million Have Lost Insurance Amid Pandemic – BillMoyers.com. Study Shows 5.4 Million Have Lost Insurance Amid Pandemic Medicare for all rally in Los Angeles in February 2017.
(Photo by Molly Adams/ flickr CC 2.0) This post originally appeared on Common Dreams. Amid the worst public health crisis in a century and a devastating economic downturn that has thrown tens of millions out of work, more than five million people in the US lost their health insurance in just three months this year, shattering the previous record set during the entire annual period from 2008 to 2009. The wealthy are prepping for tax increases with these three strategies. The wealthy are preparing for tax increases, working with their accountants to give away money or shift their income to avoid some of the impact of higher rates.
With rising deficits at the state and federal levels, as government spending soars and revenue drops from the Covid-19 crisis, taxes are likely to go up in coming years, especially for the highest earners. Presumptive Democratic nominee Joe Biden told wealthy donors at a fundraiser Monday that he planned to forge ahead with his campaign plan to hike taxes on the wealthy. How Trump's three years of job gains compares with Obama's. "We're producing jobs like you have never seen before in this country," he said during a recent speech in Michigan.
But you don't have to go back far to find three years of better job growth. Just to back to the previous three years under Barack Obama. During Trump's first 36 months in office, the US economy has gained 6.6 million jobs. But during a comparable 36-month period at the end of Obama's tenure, employers added 8.1 million jobs, or 23% more than what has been added since Trump took office.
The average monthly gain so far under Trump is 182,000 jobs. On Friday, the Labor Department reported that employers added a fairly robust 225,000 jobs in January. The job record under Trump is far better than the job record during Obama's first 35 months in office, when the economy lost 805,000 jobs. By comparison, Trump took office with the labor market in relatively good shape, with unemployment at 4.7%, and a string of 76 straight months of job gains.
Tina Smith, D-Minn., took to Twitter recently to tout her support for a $15 minimum wage. In the tweet, Smith wrote that "one of the proudest things I did" as lieutenant governor serving under Democratic Gov. Mark Dayton was helping to raise Minnesota’s state minimum wage to $9.50 an hour. Sustainable Development Growth click 2x. Culture - The photos that changed history. “You wait for things to come together, and it all has to happen in a hundredth of a second,” says the Magnum photographer Ian Berry.
“Because very frequently you don’t have another chance.” Click on the play button above the story to watch the video. Berry captured a pivotal moment in South African history: the Sharpeville massacre on 21 March, 1960. Sixty-nine men, women and children died and at least 180 were injured when police fired at a crowd of protestors in the township near Vereeniging. Trump admin spends nearly $1M on limo rentals for two-day Ireland visit: report. (1) First taste of chocolate in Ivory Coast - vpro Metropolis. Latin America is the world's most unequal region. Here's how to fix it. This article was originally published ahead of January's World Economic Forum Annual Meeting in Davos.
Global leaders will meet at the Annual Meeting in Davos this week to discuss how to improve the state of the world and address its most pressing challenges. There is much to talk about - not least the global inequality crisis, which has come to the fore in recent years in the wake of the economic and financial crisis of 2008-2009. Inequality is growing at an alarming pace and poses a serious risk to economic growth, the fight against poverty and social stability. For evidence of the destructive impact that extreme inequality has on sustainable patterns of growth and social cohesion, we need look no further than Latin America and the Caribbean. Although the region achieved considerable success in reducing extreme poverty over the last decade, its still-high levels of income and wealth inequality have stymied sustainable growth and social inclusion.
DeVos Defends $18 Million Cut to Special Olympics Funding While Asking Congress for $60 Million for Charter Schools. Trump will personally save up to $15m under tax bill, analysis finds. Donald Trump and six members of his inner circle will be big winners of the Republicans’ vast tax overhaul, with the president personally benefiting from a tax cut of up to $15m a year, research shows.
The US president chalked up his first big legislative win on Wednesday with the $1.5tn bill, the most sweeping revamp of the tax code in three decades, slashing taxes for corporations and the wealthy and dealing the heaviest blow yet to Obamacare. But analysis by a leading Washington thinktank, the Center for American Progress (CAP), finds that changes to business rules will save Trump roughly $11m to $15m per year, while an amendment to the estate tax – the tax on the transfer of an estate of a deceased person – would potentially save his heirs $4.5m. Under current law, the first $11.2m of a couple’s estate’s value is excluded from taxation, and any amount above this is taxed at a 40% rate. 'Pay-for-access to Trump club': Mar-a-Lago faces renewed ethics concerns. At Mar-a-Lago, Donald Trump’s waterfront winter retreat, an end-of-term air hangs over the expansive verandas and perfectly manicured lawns.
In barely a month’s time, following the traditional season-closing Easter Sunday brunch gala, the private members’ club will be scrubbed and shuttered for the summer, its wealthy clientele dispersing to residences in the Hamptons or boarding their mega-yachts to cruise the Mediterranean. With the winding down of the annual Palm Beach social circuit comes the end of another season of controversy, scandal and ethics concerns that swirl around the exclusive resort, which drips with gold-leafed opulence and where a $200,000 “initiation fee” appears to cover the privilege of bending the president’s ear. “If you can whisper in his ear and tell him anything, he may well think it’s sensible and he may well act upon it. 98 Russian Billionaires Hold More Wealth Than Russians’ Combined Savings. How the mega-rich are preparing for the apocalyse - CNN Style. Written by Elizabeth Stamp, CNN Say "doomsday bunker" and most people would imagine a concrete room filled with cots and canned goods.
Climate change increases potential for conflict and violence - News Service - Iowa State University. AMES, Iowa – Images of extensive flooding or fire-ravaged communities help us see how climate change is accelerating the severity of natural disasters. The devastation is obvious, but what is not as clear is the indirect effect of these disasters, or more generally of rapid climate change, on violence and aggression. That is what Craig Anderson sees.
The Iowa State University Distinguished Professor of psychology and Andreas Miles-Novelo, an ISU graduate student and lead author, identified three ways climate change will increase the likelihood of violence, based on established models of aggression and violence. Their research is published in the journal Current Climate Change Reports. How Russia is growing its strategic influence in Africa. Much has been made about China’s role and profile in Africa and the factors underlying its activities on the continent. Less debated is the spread and depth of Russia’s contemporary presence and profile in Africa. There was a strong Russian influence in Africa during the heyday of the Soviet Union. The post-independence governments of Angola, Mozambique, Guinea-Bissau, Democratic Republic of Congo, Egypt, Somalia, Ethiopia, Uganda and Benin at some point all received diplomatic or military support from the Soviet Union.
Martin Luther King, Jr. Was More Radical Than You Think - by Ben Passmore. Never mind the Social Security increase, seniors are in trouble — here’s why. You might have heard that Social Security checks are going up 2.8% next year, the biggest rise in seven years. That translates into an average benefit of $1,461 a month, up $39. While welcome, it’s necessary to remember that the increase is tied to inflation.
Higher payouts will simply enable retirees to keep up with the rising cost of living. The unseen driver behind the migrant caravan: climate change. Thousands of Central American migrants trudging through Mexico towards the US have regularly been described as either fleeing gang violence or extreme poverty. But another crucial driving factor behind the migrant caravan has been harder to grasp: climate change. Most members of the migrant caravans come from Guatemala, Honduras and El Salvador – three countries devastated by violence, organised crime and systemic corruption, the roots of which can be traced back to the region’s cold war conflicts.
Religion and refugees are deeply entwined in the US. We don’t want billionaires’ charity. We want them to pay their taxes. “Charity is a cold, grey loveless thing. If a rich man wants to help the poor, he should pay his taxes gladly, not dole out money at a whim.” Republicans Will Cut Social Security and Medicare After Tax Plan Passes, Says Marco Rubio. Update | Florida Senator Marco Rubio admits that the Republican tax cut plan, which benefits corporations and the wealthy, will require cuts to Social Security and Medicare to pay for it. To address the federal deficit, which will grow by at least $1 trillion if the tax plan passes, Congress will need to cut entitlement programs such as Social Security, Rubio told reporters this week.
How the rich get richer – money in the world economy. Nearly half of tenants who make complaint face 'revenge eviction' Nearly half of all tenants who make a formal complaint about their housing suffer a “revenge eviction” by private landlords, according to research by Citizens Advice. Latin America is the world's most unequal region. Here's how to fix it.
Theresa May's brutal family separations would make Trump blush. I'm a millionaire who creates zero jobs. Why do I pay less tax than you? In 2013, just a few years after the 2008 financial crisis, I was part of BlackRock’s Financial Markets Advisory Group working for the Greek Central Bank, assessing the capital requirements of the bailouts of the Greek banks. The Three Bay Areas. Two. 'Insidious': Emails Show Trump White House Lied About US Poverty Levels to Discredit Critical UN Report. 1118373109. Latin America is the world's most unequal region. Here's how to fix it.
How Aristocracies Work: The American Class Divide: Matthew Stewart. How Scapegoating Immigrants Hurts All Workers. Watch Free Documentaries Online. The global financial crises that unfolded in 2007-08 drove millions of people into bankruptcy and the economy into recession. Underpaid and exhausted: the human cost of your Kindle.
The trouble with charitable billionaires. Environmental Catastrophe is Coming. The Rich Will Be Just Fine. Capitalism 101 - The NIB click 2x. The best idea to redevelop Dharavi slum? Scrap the plans and start again. The dysfunctional megacity: why Dhaka is bursting at the sewers. How Rwanda’s Capital Became an African Tech Leader – Member Feature Stories.
The Full Names of Everyone in the Royal Family, Including Prince George, Princess Charlotte, and Louie. How to Reform Welfare and Taxes to Provide Every American Citizen with a Basic Income. America once fought a war against poverty – now it wages a war on the poor. We all live somewhere on Dollar Street click 2x. Richest 1% on target to own two-thirds of all wealth by 2030. Genes and environment have equal influence in learning for rich and poor kids, study finds.
Oligarchs hide billions in shell companies. Here's how we stop them. Congress left a little something for waiters and dishwashers in its $1.3 trillion budget. Refugees learning stonemasonry click 2x. Japan’s Prisons Are a Haven for Elderly Women. Water scarcity could affect 5 billion people by 2050. Trump slumps on Forbes billionaires list. In a sample of the world's hungry countries: NO correlation between food production and hunger [OC] : dataisbeautiful.
Global inequalities. Report Updates Landmark 1968 Racism Study, Finds More Poverty And Segregation. This Is What Life Without Retirement Savings Looks Like. Introducing the Great Divergence. Trump and DeVos call for massive cuts to college student aid programs. How rich are the rich? If only you knew 2clicks. Consumers lose- Trumps war on regulation 2 clicks. Does America have a caste system? Major Brexit supporter obtains Maltese passport - FT. Massive new data set suggests economic inequality is about to get even worse. The Hidden Costs of "National Security" How to tame the tech titans – The Economist. Paolo Woods and Gabriele Galimberti photograph tax havens in their book, The Heavens. Who benefits from corporate tax cuts click 2x. Ronald Reagan and The Great Social Security Heist : FedSmith.com. How the Carried-Interest Loophole Makes the Super-Rich Super-Richer.
Donald Trump is coming for your Social Security: How the GOP plans a bait and switch to cut taxes — and pensions. Oil, gas, and coal industries get a shocking amount of funding from the US government, a new report shows. Who Benefits Most From Housing Subsidies? The Wealthy. Do Oil Companies Really Need $4 Billion Per Year of Taxpayers’ Money? Koch brothers attempt to destroy roof-top solar in Florida.