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World Economy Apr 03, 2026

Billionaire fortunes surged under Trump, sparking a nationwide push for wealth‑tax measures

As billionaire wealth hit record levels during the Trump era, a growing coalition of activists, law…
Rising fortunes among the ultra‑rich under the Trump administration have ignited a wave of tax‑reform campaigns across the United States. In California, volunteers like Karen Sanchez are gathering signatures for a one‑time 5% wealth tax targeting the state’s 200‑plus billionaires to offset federal cuts to hospitals, education and food‑assistance programs.At least ten states are exploring similar measures. Washington recently enacted its first income‑tax aimed at roughly 20,000 millionaire households, while Massachusetts and Minnesota already channel wealth‑tax proceeds into preschool, K‑12 meals and transportation infrastructure.On the federal front, Senators Bernie Sanders and Representative Ro Khanna have introduced the “Make Billionaires Pay Their Fair Share Act,” proposing an annual 5% levy on billionaire net worth. Khanna argues that the ultra‑wealthy fund private health insurers, defense contractors and political campaigns, creating a stark fairness gap.Data from Oxfam shows that in the twelve months after Trump’s re‑election, billionaire fortunes grew at a rate three times faster than the average annual growth of the previous five years. Meanwhile, the federal minimum wage has remained stagnant at $7.25 for fifteen years, underscoring the widening economic divide.A Data for Progress poll released last fall found that 70% of Americans believe the economic system favours corporations and the wealthy. “People are angry and want change,” says Amy Hanauer of the Institute on Taxation and Economic Policy (ITEP), noting that activists are leveraging every level of government to seek relief.The movement draws on a two‑decade history of class‑based activism, from the Occupy Wall Street protests to Senator Sanders’ 2016 campaign that foregrounded wealth‑tax proposals. Yet inequality has deepened: CEOs of the five largest U.S. firms now earn, on average, **$52 million** annually—over a thousand times the typical worker’s salary.Political spending by billionaires has also exploded. A recent New York Times analysis reveals that billionaire contributions rose from **0.3% of campaign funds in 2008** to **19% in 2024**, amounting to more than **$3 billion** from roughly 300 ultra‑rich donors, many of whom supported candidates opposing wealth taxes, including former President Donald Trump.The war in Iran has further inflamed resentment, with the United States spending **$11.3 billion** in the first week of bombardment—far exceeding the annual budgets of agencies such as the CDC, EPA and the National Cancer Institute.Local victories are feeding the momentum. New York City’s mayoral race saw Zohran Mamdani win on a platform that includes taxing the rich to fund affordable housing, groceries and transit. Councilmember Chi Ossé led a 1,500‑person march to the state capitol, urging Governor Kathy Hochul to permit a city‑level millionaire tax, a move that now has backing from some state Democrats.Beyond New York, states like Rhode Island, Hawaii, Pennsylvania, Virginia, Illinois and New Mexico are debating various wealth‑tax mechanisms, including the popular “mansion tax” on high‑value home sales. Currently, **17 localities** have adopted such taxes, most passed between 2018 and 2023.California’s gubernatorial race has become a flashpoint. Billionaire‑backed candidates Matt Mahan and Tom Steyer are vying to replace Governor Gavin Newsom, with the tech elite—such as Sergey Brin and Joe Lonsdale—pouring money into campaigns opposing the billionaire tax. Of the 30 billionaires who have contributed to the race, **25 supported Mahan**, who has positioned himself as a staunch anti‑tax candidate.For Sanchez, the stakes are personal. The proposed tax seeks to replace **$100 billion** in federal health‑care funding cut by Trump’s “One Big Beautiful Bill Act,” which threatens hospital closures and layoffs in the nation’s fourth‑largest economy. She aims to collect **875,000 signatures** by late June to secure the initiative on the November ballot.“It’s creating a network of groups all working toward a common good,” Sanchez says, reflecting a broader sentiment that collective action could finally translate the public’s demand for fiscal fairness into concrete policy.
#california #seiu #oxfam
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Sport Apr 03, 2026

Max Ojomoh vows to ‘choose greatness’ as Bath chase Champions Cup quarter‑final while England snub looms

After earning man‑of‑the‑match honours against Argentina, Max Ojomoh was dropped from England’s Six…
Bath’s historic Farleigh House training centre has been spruced up this week with black flags fluttering alongside a new “Choose Greatness” banner, signalling the club’s ambition as they approach a Champions Cup last‑16 tie with Saracens. For Max Ojomoh, the atmosphere feels like a personal challenge. Just weeks after collecting the Man of the Match award for his decisive performance against Argentina, the 25‑year‑old found himself omitted from Steve Borthwick’s Six Nations squad. Ojomoh believes that a dominant display for Bath – especially after the 62‑15 demolition of Saracens in the Premiership – could revive his England prospects, but he also acknowledges that national selectors may have a specific back‑line profile in mind for the upcoming World Cup. Reflecting on his Argentina heroics, Ojomoh said, “If that was my final Test, I’m happy to have left a mark on international rugby.” Yet the disappointment of watching England lose to Ireland from a Moroccan pub underscores how close the margins are for a player on the fringe. He explained the selection dilemma: with centre Ollie Lawrence returning from injury, the squad needed a more physical ball‑carrier, and Ojomoh’s role as a second‑receiver/playmaker meant he was the one to make way. England’s coaching staff have asked him to sharpen three key areas – post‑contact metres, defensive intensity and overall work‑rate. While these are valid targets, Ojomoh points out that few English centres combine his blend of pace, vision and creative kicking. Back at Bath, his partnership with newly‑signed Finn Russell has blossomed. “When we signed Finn, I didn’t expect us to think alike on attack,” Ojomoh remarked, highlighting a shared instinct that fuels his confidence. Coach Johann van Graan’s influence is evident, with the club’s motivational signage and a focused training environment that Ojomoh describes as “single‑minded”. He hopes the upcoming match will provide a platform for a first home Champions Cup quarter‑final since 2002. Family wisdom also plays a role; his father, former England centre Steve Ojomoh, reminded him that “the cream always rises to the top”. With a business degree from the University of Bath and a hobby of online chess, the younger Ojomoh is aware that consistent club performances could shift national perception. Looking ahead, Ojomoh is determined to make the 2027 World Cup squad. He admits that obsession over selection can be self‑destructive, emphasizing the need for mental clarity and playing with the same confidence he shows in his head. As Bath prepares for the high‑stakes clash with Saracens, Ojomoh’s mantra remains clear: choose greatness, stay true to his strengths, and let his on‑field X‑factor speak for itself.
#you #his #there
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Sport Apr 03, 2026

Les Kiss Charts Evolutionary Path for Wallabies Ahead of Home World Cup

Incoming Wallabies coach Les Kiss, a former league star turned union strategist, outlines an evolut…
Les Kiss is set to take over the Wallabies in July, inheriting a side desperate to climb back to the top of world rugby. He faces a tight schedule – 14 months and 19 Tests – before the 2027 Rugby World Cup that Australia will host. Describing his mandate, Kiss stresses that he is not aiming for a radical overhaul. "It's not a revolution, it's evolution," he told the Guardian. "Core values like discipline, accountability and strategic planning stay firmly in place." What makes Kiss an outlier is his background: a former rugby league international who never played union at senior level. He says this forced him to "earn his stripes" in the union code, learning that culture and standards in the locker room drive performance on the field. His personal story is rooted in a family that escaped the Hungarian Revolution and settled in Bundaberg, and a playing career that saw him sprint down the wing before a knee injury sidelined him for four years. Those experiences, he believes, forged the resilience he now brings to coaching. After a stint in marketing and junior coaching, Kiss transitioned to union coaching, first as a defence coach for the Springboks (2001‑02), then as an assistant with Ireland (2009‑15), director of Ulster Rugby, and finally a three‑year spell with London Irish in the Premiership. Returning to Australia in 2024 to lead the Queensland Reds, he guided the franchise to its most prolific try‑scoring season in three decades, back‑to‑back quarter‑final appearances and record crowd numbers. The Reds sit 4‑2 in the 2026 Super Rugby Pacific season and are eyeing a top‑four finish. Kiss’s coaching philosophy centres on connection. "Coaching is about rapport and building something strong together," he says, adding that he is fully invested and treats every team like family. His transition to the Wallabies will be smoothed by a close partnership with current head coach Joe Schmidt. The two have shared roughly 40 Tests, developing a strong rapport that Kiss believes will help him "understand the breakdown" and set the right structures for success. The emerging "Kiss army" already includes former All Blacks staffer Scott McLeod as defence coach, analyst Eoin Toolan, set‑piece specialist Tom Donnelly, scrum guru Mike Cron, and consultant Laurie Fisher. Skills coach Mick Byrne and U20s boss Chris Whitaker also remain on board. While his new responsibilities grow, Kiss assures fans he remains 100% committed to the Reds, vowing not to let the franchise down despite his expanding duties. On the player front, Kiss highlights a blend of seasoned talent and fresh faces that could power Australia’s World Cup campaign. The likes of Mark Nawaqanitawase, Max Jorgensen, former winger Dylan Pietsch, and NRL convert Zac Lomax are poised to add dynamism, while 18‑year‑old prodigy Treyvan Pritachard offers a glimpse of the future. Ultimately, Kiss believes the Wallabies embody a uniquely Australian style – inventive, physical, and expressive – forged in backyard games and a culture of resilience. "The Australian way isn’t formulaic; it’s about solving problems on the field in our own special way," he concludes.
#kiss #coach #rugby
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Sport Apr 03, 2026

Duke Freshman Cameron Boozer Wins AP Player of the Year, Joining Elite Freshman Hall of Fame

Cameron Boozer became only the fifth freshman to capture the Associated Press men’s college basketb…
Cameron Boozer earned the Associated Press men’s college basketball Player of the Year honor, marking the fifth time a freshman has captured the award and the second consecutive year a Duke freshman has done so. The 6‑foot‑9 forward was a cornerstone of a Duke squad that posted 35 victories, topped the AP Top 25 poll, secured the No. 1 overall seed for March Madness and advanced to the Elite Eight. Boozer’s versatility—scoring against physical defenses, stretching the floor with perimeter shooting, and facilitating the offense—proved decisive throughout the campaign. Joining the ranks of Cooper Flagg (2025), Zion Williamson (2019), Anthony Davis (2012) and Kevin Durant (2007), Boozer joins a short list of freshmen who later became top‑two NBA draft picks. He noted, “It’s not just about me; the team’s success amplifies these recognitions.” In the AP voting, Boozer secured 59 of 61 votes, with the remaining two cast for BYU freshman AJ Dybantsa, who averaged a national‑best 25.5 points per game. Statistically, Boozer averaged 22.5 points (ninth in Division I) and 10.2 rebounds (twelfth), while dishing out 4.1 assists. His shooting efficiency stood at 55.6% from the field and 39.1% from three‑point range**, and he tied for the national lead with 22 double‑doubles. These numbers underscore his readiness for the professional level. Highlights of his season include a career‑high 35 points against Arkansas, a 29‑point effort versus defending champion Florida, and a dominant 18‑point, 15‑rebound performance against Michigan State. Even in Duke’s season‑ending loss to UConn, Boozer contributed 27 points despite a swollen right eye from an early‑game blow. Duke associate head coach Chris Carrawell praised Boozer, saying the program has been “fortunate to have two of the best freshmen ever play back‑to‑back,” and placed him “right up there” with the sport’s recent legends. In related honors, Fred Hoiberg was named AP Coach of the Year after guiding Nebraska to a breakthrough 28‑win season.
#boozer #duke #top
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Sport Apr 03, 2026

Northampton Saints Edge Castres 49‑41 to Secure Champions Cup Quarter‑Final Spot

Northampton Saints survived a high‑scoring duel with Castres, winning 49‑41 to advance to the Europ…
In a pulsating Friday night showdown, Northampton Saints held off a resilient Castres Olympique side to clinch a 49‑41 victory and book a place in the Champions Cup quarter‑finals.Castres were hampered by discipline, receiving three yellow cards – two within a three‑minute spell in the first half and another ten minutes from the break – and missed three of six conversion attempts, leaving valuable points on the board.Saints, however, kept the ball alive, launching an attack on every possession. They crossed the try line seven times, including a penalty try, with fly‑half Anthony Belleau successfully slotting six conversions.The French side struck first when wing Christian Ambadiang capitalised on a scrum‑half kick to score in the corner after just seven minutes. He added an early intercept try and later forced a penalty try after pulling Saints winger James Ramm over the line, earning himself a yellow card.Discipline continued to bite Castres when second‑row Guillaume Ducat was sin‑binned for a high‑impact collision with Saints flanker Henry Pollock. Even with a numerical advantage, Castres struggled to retain possession, conceding a penalty that scrum‑half Jérémy Fernandez converted.Early in the second half, Saints broke the deadlock with a try from Josh Kemeny, followed by a score from Tommy Freeman nine minutes later, widening the gap.Castres fought back when centre Tyler Ardron intercepted a pass to touch down, but a subsequent handling error by Saints’ Santiago Arata prevented a further Castres try. Saints responded with a rapid interception by Vuate Karawalevu, though the try was disallowed for a prior knock‑on. The Saints then exploited defensive lapses, with George Furbank and James Ramm each adding scores.In the closing stages, Castres’ Vilimoni Botitu found the line, yet a yellow card for Veresa Ramototabua’s high tackle and a late try from Fraser Dingwall sealed the Saints’ win. The victory propels Northampton, last year’s losing finalists, into a quarter‑final clash against either Bath or Saracens.
#castres #northampton #minutes
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Culture Apr 03, 2026

DJ Shadow Unveils Rare Mo’Wax Singles Box Set and Calls for Fan Questions Ahead of Launch

DJ Shadow is set to release The Mo’Wax Singles 1993‑1997, an eight‑vinyl box set featuring his earl…
Nearly three decades after the groundbreaking debut Endtroducing….. first hit shelves, DJ Shadow is once again revisiting his back catalogue. Following a celebrated 25th‑anniversary reissue that was remastered at Abbey Road Studios, the Californian producer is preparing a new archival release.In May, Shadow will issue The Mo’Wax Singles 1993‑1997, a meticulously curated box set that compiles eight 12‑inch records of his original singles for James Lavelle’s Mo’Wax label. The collection also includes alternative mixes, brand‑new artwork, and material recovered from dusty DAT tapes and original master mixes.“This box wasn’t made for the casual listener, it was made with the hardcore fan in mind,” Shadow explained in a statement. “I’ve always felt, if something is worth doing, it’s worth doing right, and every step of the process was made with this philosophy firmly in mind.”With the release timed to a period of reflection, Shadow is opening the floor to fans and journalists alike. He invites readers to submit questions about his pioneering sampling techniques, collaborations ranging from Wong Kar‑wai and Zack de la Rocha to Danny Brown and Deftones, and even the infamous Miami Beach show that was halted for being “too future.”Submit your queries in the comments by 6 pm BST on 8 April, and the most compelling answers will be featured in an upcoming issue of Film & Music.
#his #shadow #made
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Tech Apr 03, 2026

UKRI mandates sweeping overhaul of Alan Turing Institute, appoints security‑focused chief to pivot AI research toward defence

The UK Research and Innovation (UKRI) body has warned the Alan Turing Institute that its current st…
The UK’s premier AI research centre, the Alan Turing Institute, has been instructed by its chief public funder, UK Research and Innovation (UKRI), to implement significant organisational changes. The directive follows a UKRI review that found the institute’s strategic alignment and value for money "not yet satisfactory".UKRI, which granted the institute a £100 million, five‑year funding package in 2024 and remains its largest single source of finance, said the review highlighted strong scientific foundations but a lack of clear strategic focus and delivery.Last summer, the government signalled that the institute must undergo a strategic overhaul, urging a shift toward defence and national security while downgrading work on health and the environment—previously two of its three core pillars.Leadership turbulence has accelerated the changes. Chief Executive Jean Innes resigned in September after staff unrest, and chair Doug Gurr stepped down this week to take up a permanent role at the UK competition watchdog.UKRI’s AI programme overseer, Prof. Charlotte Deane, stressed that achieving the UK’s AI ambitions requires institutions that are “focused, effective and aligned to national need.” She added that the review recognises the institute’s value but calls for significant change in several areas.To execute the recommendations, UKRI will work with the institute’s newly appointed chief executive, George Williamson, who comes from a government post centred on national security. The plan includes strengthening governance and placing defence and security at the core of the institute’s mission.The Alan Turing Institute collaborates with universities, private firms and government bodies, while UKRI invests £8 billion annually in UK research and innovation. A spokesperson for the institute acknowledged recent improvements in focus and governance but said it must move “faster and further.”“Working with funders and partners, we will be even more ambitious about the role we can play for the UK, and we welcome the confirmation of our clear, single‑purpose mission with national resilience, security and defence at its core,” the institute said.
#UK Research and Innovation #Alan Turing Institute #Artificial Intelligence
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Sports Apr 03, 2026

Roy Hodgson Secures Victory in Return as Bristol City Manager

Roy Hodgson, 78, marked his return as Bristol City manager with a win against Charlton, 44 years af…
Roy Hodgson's return to management with Bristol City got off to a winning start with a hard-fought victory over Charlton. The 78-year-old, who first managed in 1982, oversaw a thrilling second half that saw both teams create numerous late chances. The match began with Emil Riis Jakobsen having a chance to open the scoring within three minutes, but he failed to capitalize. Hodgson was ecstatic when Max Bird set up Scott Twine to score the opening goal. Charlton equalized through Lyndon Dykes after a throw-in down their right side. Hodgson was visibly upset, questioning the throw-in decision. Scott Twine's free-kick proved decisive, as it led to Noah Eile scoring the winning goal from a tight angle. Bristol City could have extended their lead through Riis Jakobsen and Twine, while Charlton's substitutes Matt Godden and Tyreece Campbell also missed chances. Hodgson's victory comes 44 years after his first managerial stint. He emphasized the importance of humility in coaching, advising against getting too proud of wins. His interim role at Bristol City will last for six games before he steps down.
#city #his #hodgson
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Sports Apr 03, 2026

Timeforshowcasing's 25‑1 Upset at Burradon Stakes Propels Filly Toward Classic Guineas

Charlie Johnston’s bold backing of 25‑1 outsider Timeforshowcasing paid off in the Burradon Stakes …
Timeforshowcasing delivered a stunning victory in the Burradon Stakes at Newcastle on Friday, defying odds that drifted to 25‑1. Trainer‑owner Charlie Johnston, who also collected a share of the prize money, said the win could fast‑track the filly into Classic company at either Newmarket or the Curragh next month.The Listed mile race featured a strong field of colts and geldings, but the filly settled comfortably before accelerating at the furlong pole and holding off a late surge from Padraig Dawn by a neck.“All day I’ve been thinking, ‘what do people know that I don’t?’ because this filly worked last Thursday and I thought she was in phenomenal order,” Johnston explained. “She started at 6‑1, drifted to 10‑1, then 16‑1 and finally won at 25‑1. I backed her twice – I couldn’t believe how much she drifted.”Timeforshowcasing now has entries for both the English and Irish 1,000 Guineas. Johnston added, “She won’t be out of place in a Guineas, albeit she’d have a bit to find. If the big guns clash at Newmarket, the Irish Guineas might be an option – she won with a bit of dig in the ground at Goodwood last year.”The article also referenced the rapid rise of American Affair, who moved from a Scottish Sprint Cup win to the King Charles III Stakes at Royal Ascot within three months, underscoring the potential for a similar breakthrough. Meanwhile, Jer Batt (3.42) emerges as a strong contender at around 6‑1, having been a close runner‑up to American Affair a year earlier and now carrying a 7‑lb lower mark after a winter wind operation.Other notable horses highlighted for upcoming meetings include Strength Of Spirit (Musselburgh 1.25), freshly gelded and poised for further progress, and the lightly‑raced Midnight Gun (Musselburgh 1.55), who remains fairly weighted on the pick of his best form from last season.Additional betting tips note that Al Qareem (Musselburgh 2.30) is a warm favourite for a 13th career win, while We’re Red And Blue (Haydock 2.12) offers a good chance to confirm recent improvement, and Walden (Haydock 2.46) appears overpriced despite a strong Ascot performance earlier in the year.
#Timeforshowcasing #Charlie Johnston #Burradon Stakes
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