Life
has never felt more expensive, with inflation driving up
costs for everything from groceries to housing. Yet,
despite this economic strain, the ultra-wealthy continue
to amass enormous fortunes. In fact, wealth inequality
in the United States is out of control, with the
top 1% of households holding nearly 31% of all wealth
while the bottom 50% hold just 2.6%.
Now, a new report
from Oxfam reveals that within the next decade, five
people are expected to become
trillionaires. Four of them are in the U.S.
— Elon Musk, Mark Zuckerberg, Jeff Bezos, and Larry
Ellison — and their wealth is projected to exceed an
unfathomable amount.
Here's
a gut-wrenching metaphor to put a trillion dollars into
perspective: 1 million seconds is about 11 days. 1
billion seconds is about 31 years. 1 trillion
seconds is over 31,688 years.
This
kind of wealth is shameful, especially when so many
Americans struggle to meet basic needs. It also means
increasing power in the hands of a few, affecting
everything from business to politics. These
ultra-wealthy individuals are already influencing
decisions that harm the public good. It's time for them
to pay their fair share.
Sign the petition
demanding that Congress raise taxes on the richest
individuals and take action to address this growing
economic
disparity!
