#Bernie Sanders clashes with Elon Musk over massive fortune

#Bernie Sanders clashes with Elon Musk over massive fortune

“#Bernie Sanders clashes with Elon Musk over massive fortune” Elon Musk says he’s hoarding wealth for a good cause — but it’s not good enough for Sen. Bernie Sanders. The left-wing lawmaker targeted the billionaire Tesla CEO after Musk claimed he would use his giant fortune to support life on other planets. Sanders — a Vermont independent…

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#Goldman Sachs launches robo-adviser for Marcus customers

#Goldman Sachs launches robo-adviser for Marcus customers

“#Goldman Sachs launches robo-adviser for Marcus customers” Goldman Sachs has jumped into the red-hot retail investor market — but don’t expect it to recommend stock tips that you’ve found on Reddit. The megabank unveiled a new robo-adviser tool on Tuesday, giving customers of its Marcus savings account access to its wealth management services, which had…

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#How to tax the wealthy without a ‘wealth tax’

#How to tax the wealthy without a ‘wealth tax’

“#How to tax the wealthy without a ‘wealth tax’” Michael Smart: To boost fairness, productivity and government revenue, tax capital gains Michael Smart teaches economics at the University of Toronto and is co-director of the Finances of the Nation project. Recent months have seen increased chatter about the idea of an annual “wealth tax” to…

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#Rich people are more likely to socially distance: study

#Rich people are more likely to socially distance: study

“#Rich people are more likely to socially distance: study” Thanks to better health care access, job stability and a cushy home, the wealthy are socially distancing at higher rates than low-income households. Economic researchers at Johns Hopkins University have identified a stark metric: People making more than $230,000 per year are up to 54% more…

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#COVID-19 pandemic making healthcare leaders billionaires

#COVID-19 pandemic making healthcare leaders billionaires

“#COVID-19 pandemic making healthcare leaders billionaires” COVID-19 has helped turn dozens of healthcare leaders into newly-minted billionaires, according to a report. Fifty doctors, scientists and healthcare entrepreneurs earned billionaire status this year — the majority of whom are from China, where the virus first emerged in December 2019, Forbes reported. Of the new cohort, there…

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#Nuke deal won’t bring stability and other commentary

#Nuke deal won’t bring stability and other commentary

“#Nuke deal won’t bring stability and other commentary” Foreign desk: Nuke Deal Won’t Bring Stability Joe Biden claims the best way to achieve Mideast “stability” is by rejoining the nuclear deal with Iran — yet stable, counters Matthew Continetti at The Washington Free Beacon, “is not how most people would describe” the region after the…

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