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America's richest 10% are responsible for 40% of its planet-heating pollution, new report finds (www.cnn.com)

submitted 1 year ago by [email protected] to c/[email protected]

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America’s wealthiest people are also some of the world’s biggest polluters – not only because of their massive homes and private jets, but because of the fossil fuels generated by the companies they invest their money in.

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[–] [email protected] 27 points 1 year ago* (last edited 1 year ago) (1 children)

This is true for almost anything. Major corporations, and the investors that profit off of them, pay so little in taxes compared to the average citizen. Instead, their money is devoted to lobbying and setting up careful corporate international glass houses so they don’t have to pay the taxes they should. We can push much harder on tackling social issues, but the top 10% don’t exist in society, they lord over it

[–] [email protected] 6 points 1 year ago

the top 10% don’t exist in society, they lord over it

I think you mean they run it