Sam Pizzigati
@sgp.bsky.social
Co-editor, Inequality.org
Institute for Policy Studies associate fellow and author, ‘The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class, 1900-1970’ and ‘The Case for a Maximum Wage’
Institute for Policy Studies associate fellow and author, ‘The Rich Don’t Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class, 1900-1970’ and ‘The Case for a Maximum Wage’
France’s National Assembly has passed legislation that would place a 1 percent tax on crypto and other “unproductive” assets. Only those taxpayers holding over $2.3 million in these assets would be subject to the levy. The measure must still pass the French Senate. tradersunion.com/news/cryptoc...
France votes to include crypto in wealth tax under new fiscal reform
French lawmakers approve wealth tax expansion to include crypto assets
tradersunion.com
November 11, 2025 at 2:23 AM
France’s National Assembly has passed legislation that would place a 1 percent tax on crypto and other “unproductive” assets. Only those taxpayers holding over $2.3 million in these assets would be subject to the levy. The measure must still pass the French Senate. tradersunion.com/news/cryptoc...
Shares of Oracle, Amazon, Alphabet & Meta up over 20% a year over past decade. Tesla & Nvidia up 42% & 76%. At that rate, the top execs at these firms, already the world’s seven richest people, “will likely become #trillionaires in the next three to five years.”
www.bloomberg.com/opinion/arti...
www.bloomberg.com/opinion/arti...
November 11, 2025 at 1:41 AM
Shares of Oracle, Amazon, Alphabet & Meta up over 20% a year over past decade. Tesla & Nvidia up 42% & 76%. At that rate, the top execs at these firms, already the world’s seven richest people, “will likely become #trillionaires in the next three to five years.”
www.bloomberg.com/opinion/arti...
www.bloomberg.com/opinion/arti...
The typical Starbucks US employee last year took home $14,674. Starbucks CEO Brian Niccol took home $97.8 million. The Starbucks CEO-typical worker pay ratio: 6,666 to 1.
#inequality #CEOpay www.businessinsider.com/how-much-ret...
#inequality #CEOpay www.businessinsider.com/how-much-ret...
How much the typical worker makes at 30 top retailers, from Amazon to Walmart
Retail workers are earning more than they used to as companies invest in wages to attract and keep staff. Here's what median workers made in a year.
www.businessinsider.com
November 10, 2025 at 10:46 PM
The typical Starbucks US employee last year took home $14,674. Starbucks CEO Brian Niccol took home $97.8 million. The Starbucks CEO-typical worker pay ratio: 6,666 to 1.
#inequality #CEOpay www.businessinsider.com/how-much-ret...
#inequality #CEOpay www.businessinsider.com/how-much-ret...
New Public Citizen report: If Elon Musk works a 40-hour work week for the next 10 years, his new trillion-dollar Tesla pay package will bring him $50 million an hour.
@bartnaylor.bsky.social @publiccitizen.bsky.social www.citizen.org/article/musk...
@bartnaylor.bsky.social @publiccitizen.bsky.social www.citizen.org/article/musk...
November 9, 2025 at 9:51 PM
New Public Citizen report: If Elon Musk works a 40-hour work week for the next 10 years, his new trillion-dollar Tesla pay package will bring him $50 million an hour.
@bartnaylor.bsky.social @publiccitizen.bsky.social www.citizen.org/article/musk...
@bartnaylor.bsky.social @publiccitizen.bsky.social www.citizen.org/article/musk...
Stark contrast: #Mamdani arrived Thursday at a traditional post-election NY Democratic Party conference in Puerto Rico in a JetBlue window seat. Four years ago, current NY mayor Adams arrived in a billionaire's private jet. www.nytimes.com/2025/11/09/n...
Mamdani, Mofongo and Rum: Democratic Squabbles Fade Away, for Now
www.nytimes.com
November 9, 2025 at 12:22 PM
Stark contrast: #Mamdani arrived Thursday at a traditional post-election NY Democratic Party conference in Puerto Rico in a JetBlue window seat. Four years ago, current NY mayor Adams arrived in a billionaire's private jet. www.nytimes.com/2025/11/09/n...
More CEO pay bonuses on the way: Team Trump is getting the 2022 legislation that requires corporations to pay at least some corporate income tax. www.nytimes.com/2025/11/08/b...
How the Trump Administration Is Giving Even More Tax Breaks to the Wealthy
www.nytimes.com
November 8, 2025 at 11:46 AM
More CEO pay bonuses on the way: Team Trump is getting the 2022 legislation that requires corporations to pay at least some corporate income tax. www.nytimes.com/2025/11/08/b...
If Elon Musk meets all the benchmarks in his new trillion-dollar Tesla CEO pay package, he’ll be paid $274 million every day — $11.4 million per hour — for the next 10 years. #oligarchy #inequality
Tesla shareholders vote to pay Musk up to $274 million per day for the next decade
Not bad for a part-time job
oligarchwatch.substack.com
November 7, 2025 at 11:51 PM
If Elon Musk meets all the benchmarks in his new trillion-dollar Tesla CEO pay package, he’ll be paid $274 million every day — $11.4 million per hour — for the next 10 years. #oligarchy #inequality
Our age of stunning #oligarchy: Corporate America sets up a CEO for trillionaire status while the president of the United States simultaneously pushes budget cuts that leave poor people starving and trumpets discounts on meds that suppress appetite. #inequality the.ink/p/essay-let-...
ESSAY: Let them eat Ozempic
America gets its first trillionaire as people starve, while Trump hawks meds to suppress appetite. And as affordability becomes the new bipartisan goal, does that secretly play into oligarchs' hands?
the.ink
November 7, 2025 at 7:01 PM
Our age of stunning #oligarchy: Corporate America sets up a CEO for trillionaire status while the president of the United States simultaneously pushes budget cuts that leave poor people starving and trumpets discounts on meds that suppress appetite. #inequality the.ink/p/essay-let-...
Sure sign of the apocalypse: Elon Musk bounds to the stage of Tesla’s annual meeting accompanied by dancing robots after shareholders approved his trillion-dollar pay package.
www.thesun.co.uk/news/3724873...
www.thesun.co.uk/news/3724873...
Musk dances with robot as historic deal pushes him close to being trillionaire
ELON Musk is one step closer to becoming the world’s first trillionaire after securing a record-breaking $1 trillion Tesla pay package – the biggest corporate deal in history. The tech …
www.thesun.co.uk
November 7, 2025 at 1:24 PM
Sure sign of the apocalypse: Elon Musk bounds to the stage of Tesla’s annual meeting accompanied by dancing robots after shareholders approved his trillion-dollar pay package.
www.thesun.co.uk/news/3724873...
www.thesun.co.uk/news/3724873...
The billionaire rush into Florida continues. The state now rates 3rd in ultra-rich — and why not? They don't need to worry about rent. Florida now rates as the only state in the nation where rent is taking over 30% of typical renter income. www.visualcapitalist.com/mapped-the-m...
Mapped: The Most Rent-Burdened States in America
Nearly one in five U.S. rental households are severely rent-burdened, with many coastal states high on the list.
www.visualcapitalist.com
November 6, 2025 at 7:35 PM
The billionaire rush into Florida continues. The state now rates 3rd in ultra-rich — and why not? They don't need to worry about rent. Florida now rates as the only state in the nation where rent is taking over 30% of typical renter income. www.visualcapitalist.com/mapped-the-m...
The chairman of Estée Lauder. A casino magnate. Hedge fund managers. Not to mention media moguls and the co-founder of Airbnb. They all devoted major bucks to a massive blitz against the candidacy of Zohran Mamdani.
#inequality #democracy www.businessinsider.com/list-of-bill...
#inequality #democracy www.businessinsider.com/list-of-bill...
The list of billionaires who spent big in a last-ditch effort to keep Zohran Mamdani from becoming NYC mayor
Michael Bloomberg, Bill Ackman, and Joe Gebbia are among the billionaires who poured money into the NYC mayoral election after the June primary.
www.businessinsider.com
November 6, 2025 at 12:26 AM
The chairman of Estée Lauder. A casino magnate. Hedge fund managers. Not to mention media moguls and the co-founder of Airbnb. They all devoted major bucks to a massive blitz against the candidacy of Zohran Mamdani.
#inequality #democracy www.businessinsider.com/list-of-bill...
#inequality #democracy www.businessinsider.com/list-of-bill...
Overlooked amid yesterday’s encouraging election news: In Colorado, the passage of Prop MM will reduce state income tax deductions for taxpayers earning over $300,000 to help provide all public school students with free breakfasts and lunches. #inequality #taxtherich
Colorado voters approve tax increase on high earners to fund school meals, food stamps
Proposition MM's passage means Colorado will be able to fully fund free breakfast and lunch for all public school students
coloradosun.com
November 6, 2025 at 12:13 AM
Overlooked amid yesterday’s encouraging election news: In Colorado, the passage of Prop MM will reduce state income tax deductions for taxpayers earning over $300,000 to help provide all public school students with free breakfasts and lunches. #inequality #taxtherich
"Being wealthy means there is money you can afford to lose. So it's risk without consequence."
Bruno Fierens, on a panel at the European Parliament
millionairesforhumanity.org
Bruno Fierens, on a panel at the European Parliament
millionairesforhumanity.org
November 5, 2025 at 8:37 PM
"Being wealthy means there is money you can afford to lose. So it's risk without consequence."
Bruno Fierens, on a panel at the European Parliament
millionairesforhumanity.org
Bruno Fierens, on a panel at the European Parliament
millionairesforhumanity.org
Stunning last night to see, on national TV no less, a newly elected mayor of New York City begin his acceptance speech by quoting Eugene Debs . . .
lowerfrequencies.substack.com/p/full-trans...
lowerfrequencies.substack.com/p/full-trans...
Full Transcript of Zohran Mamdani's Victory Speech
A people's mayor comes to power with the working class.
lowerfrequencies.substack.com
November 5, 2025 at 4:03 PM
Stunning last night to see, on national TV no less, a newly elected mayor of New York City begin his acceptance speech by quoting Eugene Debs . . .
lowerfrequencies.substack.com/p/full-trans...
lowerfrequencies.substack.com/p/full-trans...
Tax the rich: a key driving reason why so many New Yorkers are voting for Mamdani today . . .
www.instagram.com/perfectunion...
www.instagram.com/perfectunion...
More Perfect Union on Instagram: "Billionaires want you to think Zohran Mamdani’s tax proposals would devastate the city.
The truth is Zohran’s taxes would just get the rich to pay their fair share.
...
73K likes, 1,595 comments - perfectunion on October 14, 2025: "Billionaires want you to think Zohran Mamdani’s tax proposals would devastate the city.
The truth is Zohran’s taxes would just get the r...
www.instagram.com
November 4, 2025 at 5:04 PM
Tax the rich: a key driving reason why so many New Yorkers are voting for Mamdani today . . .
www.instagram.com/perfectunion...
www.instagram.com/perfectunion...
Trump’s family wealth has about doubled since the election, jumping $5 billion. The average SNAP benefit for America’s poor, now under a Team Trump squeeze, amounts to roughly $2,250 a year. www.patreon.com/posts/trump-...
November 4, 2025 at 4:07 PM
Trump’s family wealth has about doubled since the election, jumping $5 billion. The average SNAP benefit for America’s poor, now under a Team Trump squeeze, amounts to roughly $2,250 a year. www.patreon.com/posts/trump-...
Why America’s richest can’t help but smile about the future: The 2025 Trump tax cut will save our richest 0.1% an average $310,825 in 2027. That same year taxpayers making under $15,000 will pay more in taxes. #inequality @oxfamamerica.bsky.social
UNEQUAL: The rise of a new American oligarchy and the agenda we need
This past year has been indelibly shaped by concentrated wealth and power. The 10 richest U.S. billionaires got $698 billion weal
www.oxfamamerica.org
November 4, 2025 at 12:19 AM
Why America’s richest can’t help but smile about the future: The 2025 Trump tax cut will save our richest 0.1% an average $310,825 in 2027. That same year taxpayers making under $15,000 will pay more in taxes. #inequality @oxfamamerica.bsky.social
Now underway: a drive to offset Trump’s $100-million hit to California Medicaid via a state emergency tax on #billionaires. If the measure qualifies for California’s 2026 ballot and passes, the state’s richest would face a 5% tax on their 2025 wealth. robertreich.substack.com/p/a-wealth-t...
A wealth tax that works
How we build a better future despite Trump and his Republican lapdogs (Part 1)
robertreich.substack.com
November 3, 2025 at 3:14 PM
Now underway: a drive to offset Trump’s $100-million hit to California Medicaid via a state emergency tax on #billionaires. If the measure qualifies for California’s 2026 ballot and passes, the state’s richest would face a 5% tax on their 2025 wealth. robertreich.substack.com/p/a-wealth-t...
1,000: Number of seats a theater would need to comfortably sit all of America’s 902 billionaires. Their net worth: $6.8 trillion.
Accommodating the 167 million in the USA’s poorest half — net worth: $4 trillion — would require 3,340 stadiums with 50,000 seats.
Accommodating the 167 million in the USA’s poorest half — net worth: $4 trillion — would require 3,340 stadiums with 50,000 seats.
Opinion: There is a solution to wealth inequality in America
Opinion: Wealth inequality is the moral cancer destroying our society and our planet
www.mcall.com
November 3, 2025 at 12:51 AM
1,000: Number of seats a theater would need to comfortably sit all of America’s 902 billionaires. Their net worth: $6.8 trillion.
Accommodating the 167 million in the USA’s poorest half — net worth: $4 trillion — would require 3,340 stadiums with 50,000 seats.
Accommodating the 167 million in the USA’s poorest half — net worth: $4 trillion — would require 3,340 stadiums with 50,000 seats.
#BillieEilish accepting her latest music award: “Love you all, but there’s a few people in here that have a lot more money than me. If you’re a billionaire, why are you a billionaire? No hate, but yeah, give your money away, shorties.”
Mark Zuckerberg did not clap.
Mark Zuckerberg did not clap.
Billie Eilish Poses Question ‘Why Are You Billionaires?’ to Room of Wealthy Celebrities
While accepting the Music Innovator Award, Billie Eilish called out the room of billionaires and celebrities for their excessive wealth.
www.vice.com
November 2, 2025 at 9:45 PM
#BillieEilish accepting her latest music award: “Love you all, but there’s a few people in here that have a lot more money than me. If you’re a billionaire, why are you a billionaire? No hate, but yeah, give your money away, shorties.”
Mark Zuckerberg did not clap.
Mark Zuckerberg did not clap.
Making democracy difficult: Andrew Cuomo’s billionaire donors have now spent over $50 million on attack ads against Zohran Mamdani. “Independent” expenditures backing Cuomo currently running over 7x the $ spent for Mamdani. @meghnadbose.bsky.social #plutocracy www.dropsitenews.com/p/campaign-s...
The Money Versus Mamdani in the Final Stretch of NYC Mayoral Race
Unpacking the expensive eleventh-hour efforts by billionaires targeting Zohran Mamdani.
www.dropsitenews.com
November 2, 2025 at 4:21 PM
Making democracy difficult: Andrew Cuomo’s billionaire donors have now spent over $50 million on attack ads against Zohran Mamdani. “Independent” expenditures backing Cuomo currently running over 7x the $ spent for Mamdani. @meghnadbose.bsky.social #plutocracy www.dropsitenews.com/p/campaign-s...
Thanks to the One Big Beautiful Bill Act, deep-pockets can now have their businesses write off from their taxes 100% of what they pay for private jets, yachts, and racehorses. One result: More racehorses are selling for over $1 million than ever before. www.investopedia.com/racehorses-y...
Racehorses, Yachts, Private Jets—The Wealthy Are Getting a Nice Tax Break, Thanks to Trump
The One Big Beautiful Bill Act may be the reason behind a record number of big, beautiful racehorses sold at auction earlier this month.
www.investopedia.com
November 2, 2025 at 3:53 PM
Thanks to the One Big Beautiful Bill Act, deep-pockets can now have their businesses write off from their taxes 100% of what they pay for private jets, yachts, and racehorses. One result: More racehorses are selling for over $1 million than ever before. www.investopedia.com/racehorses-y...
On multiple recent occasions, Washington Post editorials have taken on matters that the paper’s mega-billionaire owner, Jeff Bezos, has a direct financial in — without noting his stake. In each case, the editorial line matched the Bezos financial interest. www.npr.org/2025/10/28/n...
'Washington Post' editorials omit a key disclosure: Bezos' financial ties
Three times in the past two weeks, editorials at the 'Washington Post' failed to disclose that they focused on matters in which owner Jeff Bezos had a material interest.
www.npr.org
November 1, 2025 at 2:17 PM
On multiple recent occasions, Washington Post editorials have taken on matters that the paper’s mega-billionaire owner, Jeff Bezos, has a direct financial in — without noting his stake. In each case, the editorial line matched the Bezos financial interest. www.npr.org/2025/10/28/n...
Economist Gabriel Zucman on the French lawmaker failure today to enact a tax on personal wealth over 100 million euros, a bit over $115 million: “There’s a huge demand by the public for a tax on billionaires. All battles of this nature take time to win.” www.nytimes.com/2025/10/31/b...
Are Wealth Taxes the Best Way to Tax the Ultra Rich?
www.nytimes.com
November 1, 2025 at 12:39 AM
Economist Gabriel Zucman on the French lawmaker failure today to enact a tax on personal wealth over 100 million euros, a bit over $115 million: “There’s a huge demand by the public for a tax on billionaires. All battles of this nature take time to win.” www.nytimes.com/2025/10/31/b...
A handful of billionaire tech titans “now rival nation-states in influence, shaping the rules of the global digital order and even competing with states over governance authority.” @carnegieendowment.org carnegieendowment.org/europe/strat...
Corporate Geopolitics: When Billionaires Rival States
Tech giants are increasingly able to wield significant geopolitical influence. To ensure digital sovereignty, governments must insist on transparency and accountability.
carnegieendowment.org
October 31, 2025 at 8:27 PM
A handful of billionaire tech titans “now rival nation-states in influence, shaping the rules of the global digital order and even competing with states over governance authority.” @carnegieendowment.org carnegieendowment.org/europe/strat...