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The Latest Breaking News from Inequality

Phil Magness: Who Really Pays the Most Taxes?

Economist and author Phil Magness debunks a recent New York Times piece and shoddy academic work about the rich and their taxes.

Reason

Ministers urged to act quickly on state pension communication compensation plans

It comes after a Work and Pensions Committee session with campaigners from Women Against State Pension Inequality (Waspi) and the PSHO.

The Independent UK

Working class creatives working in film and TV have plummeted to a 10-year low

‘Overall... the picture is one of sustained inequality’ said the report’s lead author

The Independent UK

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Declining poverty ratio: a continuing trend

NSSO fact sheet data reveals declining poverty and inequality trends, with varying estimates based on different methodologies.

The Hindu

South Africans lose faith in ruling ANC as income inequality grows

South Africa will vote on 29 May – three decades after the end of apartheid. The African National Congress has been in power since then, but polls are predicting the party will lose its majority with many voters disgruntled by its failure to address inequality.

Radio France Internationale

Monday briefing: Modi’s re-election campaign isn’t going to plan. Here’s why he’s likely to win anyway

In today’s newsletter: The prime minister has crushed his challengers and is leaning into Islamophobia on the campaign trail to ensure a third victory, despite rising inequality

The Guardian - UK

Indian Election Enters Fourth Phase Amid Religious And Inequality Debates

The Indian election's fourth phase highlights religion, inequality, and intense campaigning for power, shaping the nation's future.

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Giving primacy to human development

Given low levels of human development, high levels of inequality, low savings, and high debt, it is time to think about an alternate growth strategy which accords primacy to human development

The Hindu

Should India take from the rich, give the poor? A new election flashpoint

As India enters the second half of its giant election, wealth distribution has emerged as a central campaign faultline.

Al Jazeera

An inheritance tax will help reduce inequality

Sam Pitroda suggested an inheritance tax in India and the BJP has objected to it. The authors argue how inequality is a growing problem and how progressive taxes such as the inheritance tax and land value tax can help reduce it.

The Hindu

‘We deserve more’: US workers’ share of the pie dwindles

Bureau of Labor Statistics releases latest estimate of how much labor receives of national income, showing bleak decline

The Guardian - US

Make the poor richer without making the rich poorer

Since the Congress party released its election manifesto on April 5, the word ‘redistribution’ has dominated the election discourse.

The Hindu

‘We’re so much more than that’: Stormzy opens #MerkyFC HQ centre to tackle racial inequality in football jobs

Rapper says sport, music and gaming venture in south London is aimed at widening opportunities for young black community

The Guardian - UK

Australia’s housing crisis to worsen with ‘significant shortfall in supply’, Labor’s expert council says

Report predicts numerous factors, including migration, mean housing affordability and inequality, will continue to deteriorate

The Guardian - AU

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Top News

Thailand To Raise Daily Minimum Wage To 400 Baht

Thailand to raise daily minimum wage to 400 baht in October to improve living standards and address income inequality.

The Hindu

The wrong way to fight inequality

Allowing more competition in the economy would naturally reduce the wealth share of the top 1% and also benefit the wider economy

The Hindu

Inequality can no longer be ignored

Addressing inequality is also about questioning the nature of growth itself

Top News

South Africa Marks 30 Years Of Freedom Amid Challenges

South Africa reflects on 30 years of freedom post-apartheid, facing challenges of inequality and disillusionment. The country grapples with poverty, unempl...

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The Hindu

Towards a less poor and more equal country

The twin objectives of high economic growth and reduction of inequality can only be achieved with improvements in human development and poverty reduction

The Guardian - UK

Joanna Scanlan among actors backing gender equality push in theatre

Women in Theatre Lab will act as incubator for playwriting and acting talent and address gender inequality

Top News

Brazil G20 Momentum: Tax Proposal For Super-Rich

Brazil's proposal to tax the super-rich gains global support to reduce inequality and fund social programs.

AAP

Rich get richer than rest: Australia's wealth gap grows

Australia's wealthiest households have comparatively added more to their pile than those at the bottom and rising unemployment is set to further widen the gap.

Radio France Internationale

Climate finance and debt relief loom large at World Bank, IMF meetings

The urgent issues of climate financing and global inequality will underpin this week’s spring meetings of the World Bank and the International Monetary Fund – coming amid growing calls for a shake-up of those institutions to avoid a climate-driven “economic catastrophe”.

The Hindu

Inequality, unemployment, inflation in India are at all time high, says Parakala Prabhakar

Inequality, unemployment among youth, inflation of various commodities and household debt are at an all-time high in the country, said political economist Parakala Prabhakar

Evening Standard

OPINION - London has changed in so many ways since Dickens' time - but the appalling inequality remains

The celebrated author’s book Our Mutual Friend has been adapted for a new National Theatre show – and it’s a story that resonates strongly with the London we live in today

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