418
Wealthiest 10% of US Households Responsible for 40% of Greenhouse Gas Emissions: Study
(www.commondreams.org)
this post was submitted on 17 Aug 2023
418 points (95.8% liked)
Green - An environmentalist community
5306 readers
1 users here now
This is the place to discuss environmentalism, preservation, direct action and anything related to it!
RULES:
1- Remember the human
2- Link posts should come from a reputable source
3- All opinions are allowed but discussion must be in good faith
Related communities:
- /c/collapse
- /c/antreefa
- /c/gardening
- /c/[email protected]
- /c/biology
- /c/criseciv
- /c/eco
- /c/[email protected]
- SLRPNK
Unofficial Chat rooms:
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Well 401k's specifically replaced Pensions that were a much better bet for workers and required companies to fund them etc. Now all those other things exist so that people rich enough to leverage them all can minimize their tax burden. They are just Tax Shelters.
Lol, as if pension funds never go insolvent and companies never played games reducing benefits (or other shenanigans so they don't have to pay out).
At least with a 401k they can't take the money back once it is deposited.
Pensions did go insolvent and laws were changed so that companies could include their pension fund as assets and leverage against them, also other companies could come and buy the fund and then claim that since they don't offer a pension to their employees none of those pension protections applied.
Those situations could have been resolved in a way that was pro-worker, instead pensions were dissolved and all workers are encouraged to tithe to wall street since that is the "right way" to do things in our shitty society.