Excessive Wealth Disorder Institute

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Save the planet...tax billionaires.

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#wealth #economy #economics #billionaires #taxtherich #wealthinequality #nonprofit #nonprofits #taxes #money #USA

Tax #billionaires.

If we really want to make a dent in saving the #planet we have to hold the #rich accountable.

#Billionaires and their luxury lifestyles have an outsized impact on #climate change.

#Billionaires emit more carbon pollution in 90 minutes than the average person does in a lifetime.

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The excessively rich are endangering our future. 🌎

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A Gen Xer sold his company for $1.6 billion. He kept less than $100 million and gave the rest away because he doesn’t ‘believe in billionaires’ EXCLUSIVE: Brian O’Kelley says he’s capped his wealth to $100 million. The tech founder tells Fortune, billionaires are wasteful, out of touch, and “othered” from real life.

“I don’t get why you need $200 billion, $500 billion, or even $1 billion.”

Read @yahoofinance.com here:
finance.yahoo.com/news/gen-xer...

#billion #nonprofit #nonprofits #billionaires #money #economy #economics #taxtherich #taxbillionaires #finance #finances

Elon Musk’s Grok Is Calling for a New Holocaust The chatbot is also praising Hitler and attacking users with Jewish-sounding names.

Grok spewing hate speech is a prime example of how extreme wealth sows division and spreads toxicity in everyone's lives.

The richest man in the world shouldn't be allowed to poison public attitudes about racism and antisemitism with no accountability.

The combined wealth of American billionaires increased 141% from 2017. The collective wealth of America’s 885 billionaires now exceeds $7 trillion, a growth of over $4 trillion since Trump’s tax law was enacted in 2017.

America's 885 billionaires are now sitting on more than $7 trillion.

Analysis by @4taxfairness.bsky.social shows that the combined wealth of billionaires in the United States increased 141% since Trump's tax laws went into effect in 2017.

57 companies were responsible for 80% of carbon dioxide emissions from 2016 to 2022.

June 2025 was the 3rd-hottest June on record.

Extreme weather is wreaking havoc across the country.

We know that just 57 cement or fossil fuel companies were responsible for 80% of CO2 emissions from 2016-2022 – and yet the GOP tax bill handed Big Oil a $1 billion tax break.

74% of likely voters think billionaires pay too little in taxes. This includes 72% of independents and 60% of Republicans. Only 5% of likely voters think that billionaires pay too much in taxes.

Americans didn't want billionaires to get another tax break. In fact, likely voters overwhelmingly agree that billionaires pay too little in taxes already.

We hope every member of Congress was paying attention to Mike Flood's town hall, because the message doesn't get any clearer than this.

The AI explosion means millions are paying more for electricity Across much of the eastern U.S., electricity bills have jumped. The reason? Data centers required for AI and other tech wonders are driving up electricity demand.

AI is creating new billionaires at an unprecedented pace and everyday Americans are footing the bill.

The data centers required for AI consume a massive amount of electricity and strain electrical grids, driving up energy costs for millions of people.

Here’s what happens when you tax the rich: “Massachusetts collected $2 billion more in tax revenue than expected because of millionaires tax.” Source: The Boston Globe

Massachusetts collected nearly $3 billion more in tax revenue thanks to their millionaire surtax.

Analysis by The Budget Lab at Yale shows that implementing a federal surtax of 10% on Adjusted Gross Income above $1 million could raise $1.5 trillion over the next ten years.

#repost via @taxgreed.bsky.social 💸

“Americans pay the cost of #billionaire greed.

The majority of SpaceX revenue comes from federal contracts, AKA American #taxpayers, while the company exploits our system to avoid paying federal income tax.

#SpaceX CEO Musk is the richest person in the world.”

The ultra-rich are not just the worst polluters–their donations to climate action are also another way of hoarding money and gaming the system Each year, only 0.5% of the money sitting in private foundations and donor-advised funds goes to climate action.

"Everyone should know that we’re heading to a #climate disaster that can best be modified by immediate actions addressing the causes. But it doesn’t appear that the excessively #rich are feeling the heat and stepping up to the plate..."

Read @fortune.com here:
fortune.com/2023/10/04/u...

Study: World’s richest are driving climate catastrophes A new study links emissions inequality to climate warming and extreme heat, finding that the wealthiest bear most of the responsibility.

"A new study links emissions inequality to #climate warming and extreme #heat, finding that as much as two-thirds of global #warming between 1990 and 2020 is attributable to the wealthiest 10 percent of the global..."

Read @popconnect.bsky.social here:
populationconnection.org/blog/study-w...

Learn more on our website:
www.excessivewealth.org

#woman #women #billionaires #millionaires #humanity #earth #planet #taxtherich #taxes #finance #economy

Inequality.org Your online portal to data, analysis, and commentary on income and wealth inequality.

"Vast fortunes, inherited or otherwise, simply would not exist without the assaults now destroying our planet. Taxing those fortunes to fund climate action could give us a shot at survival."

Read @inequality.org here:
inequality.org/article/the-...

#climate #taxtherich #wealth #wealthinequality

Save the climate, tax the rich Extreme wealth inequality, pollution, species extinction and climate chaos are all symptoms of a sick system, one that isn’t serving the needs of most people.

"One issue with resolving the climate crisis is that doing so would require the world’s wealthiest people to make lifestyle changes."

Read more here: davidsuzuki.org/story/save-t...

#climate #climatechange #wealth #wealthy #economy #economics #billionaires #billionaire #earth #taxtherich #taxes

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#nonprofit #nonprofits #wealth #wealthinequality #nyc #sanfrancisco #billionaires #workingclass #mothers #money #finance

How the rich are driving climate change The world's wealthiest people make a huge contribution to climate change through carbon-hungry activities. How can we reduce emissions from the rich?

Read here:
www.bbc.com/future/artic...

#climate #carbonemissions #carbon #climatechange #taxes #USA #nonprofit #nonprofits

"60% of #billionaire #wealth in 2024 came from #inheritance, #monopoly power, or crony ties, not merit."

Read @teenvogue.com here:
www.teenvogue.com/story/venice...

#social #justice #wedding #bezos #privatejets #jets #economy #economics #finance #finances #USA #earth #climatechange #climate #money

SpaceX Gets Billions From the Government. It Gives Little to Nothing Back in Taxes.

"Elon Musk’s rocket company relies on #federal contracts, but years of losses have most likely let it avoid paying federal income #taxes, according to internal company #documents."

Read @nytimes.com here:
www.nytimes.com/2025/08/15/t...