Corporate greed is Amazon blaming a 17% increase in its prime membership fees on labor costs while its profits soared 56% last year to $33 billion & Jeff Bezos became $74 billion richer during the pandemic. The problem is not the Amazon worker making $15 an hour. It's greed.
The U.S. and our allies must impose severe sanctions on Vladimir Putin and his fellow oligarchs. At a time when thousands may die as a result of his war, Putin, one of the richest people in the world, should not be allowed to enjoy the billions he stole from the Russian people.
Today in America:
- the two richest people own more wealth than the bottom 40%
- the top 1% owns more wealth than the bottom 92%
That level of inequality is immoral and unsustainable.
Shock. Shock. Shock. Gas prices are at the highest level in 7 years while Exxon Mobil, Chevron, Shell & BP made nearly $25 billion in profits last quarter – the highest level in over 7 years. The problem is not inflation. The problem is corporate greed, collusion & profiteering.
True tax rate for the 25 richest people in the United States: 3.4%
Average tax rate for a nurse: 24%
A nurse should not pay more in income tax than a billionaire.
Appreciate the Treasury Department affirming that crypto miners, stakers and those who sell hardware and software for wallets are not subject to tax reporting obligations.
As I have said from the start, this requirement only applies to brokers.
@SenSanders The rich will have more and more money, while the middle class will have to work harder
The poor will only get poorer, as is the case in every country
NEWS: Piper Sandler analyst Alex Potter has increased his $TSLA price target to $1,350 (from $1,300) while maintaining a BUY rating.
Alex Potter is ranked #315 out of 7,789 Analysts on TipRanks (#409 out of 16,025 overall experts).
@GDC727 @JoePompliano Everyone thinks differently, I guess.
It's just your opinion, but there's no denying that a lot of people do make a lot of money on cryptocurrencies
Corporate greed is Kroger giving its CEO a 296% pay raise over the past decade, increasing profits by 23.5% in 2021, seeing its stock price jump 36% in the past year and spending $1.5 billion on stock buybacks and dividends, while 44% of Kroger workers can't afford rent.