Jeff Bezos

As Trump Pushes New Tax Cuts for Wealthy, Analysis Shows US Billionaires $800 Billion Richer Since Pandemic Hit

As President Donald Trump and top members of his administration continue their push to deliver another round of tax cuts to rich investors, an analysis published Tuesday by the Institute for Policy Studies and Americans for Tax Fairness showed that U.S. billionaires have seen their collective wealth soar by nearly $800 billion since Covid-19 began …

As Trump Pushes New Tax Cuts for Wealthy, Analysis Shows US Billionaires $800 Billion Richer Since Pandemic Hit Read More »

As Poor and Working Class in US Face Financial Cliff, Bezos Grew Record-Setting $13 Billion Richer on Monday

Days before the expiration of federal unemployment benefits is expected to bring about a wave of evictions, food insecurity and widespread economic pain for millions of Americans, Amazon founder Jeff Bezos—the world’s richest person—added $13 billion to his personal wealth on Monday. The rise in Bezos’ assets represents the largest single-day net worth increase for …

As Poor and Working Class in US Face Financial Cliff, Bezos Grew Record-Setting $13 Billion Richer on Monday Read More »

Underscoring ‘Grotesque Nature of Unequal Sacrifice,’ Richest Americans Have Added $434 Billion in Wealth Since Pandemic Hit

America’s billionaires saw their combined net worth soar by $434 billion between March 18 and May 19 while the coronavirus pandemic killed tens of thousands of people and ravaged the U.S. economy, forcing more than 30 million out of work. That’s according to a new analysis released Thursday by Americans for Tax Fairness (ATF) and …

Underscoring ‘Grotesque Nature of Unequal Sacrifice,’ Richest Americans Have Added $434 Billion in Wealth Since Pandemic Hit Read More »

‘Slap in the Face’: As Bezos Wealth Jumps $30 Billion Amid Pandemic, Amazon to End $2 Per Hour Hazard Pay for Workers

Online retail giant Amazon has repeatedly referred to its workers as “heroes” as they carry out their jobs during the coronavirus pandemic, but the company announced this week that it is planning to end both $2-an-hour pay increases and double overtime for warehouse workers at the end of May even as CEO Jeff Bezos sees …

‘Slap in the Face’: As Bezos Wealth Jumps $30 Billion Amid Pandemic, Amazon to End $2 Per Hour Hazard Pay for Workers Read More »