Tag index

#Wealth-Extraction

Events indexed under #Wealth-Extraction — 16 entries in the record.

16 events From Sep 13, 1970 To Jan 1, 2026 Open in filter view →
Activity over time Events per year
1970 · 1 event1981 · 1 event1982 · 1 event1989 · 1 event2000 · 1 event2005 · 2 events2012 · 1 event2016 · 1 event2017 · 1 event2018 · 3 events2020 · 2 events2026 · 1 event19702026
DateEventLanesStatus
2026-01-01ACA Enhanced Subsidies Expire, Premiums Double for 22 Million Americans
Centers for Medicare & Medicaid Services · U.S. Congress · Donald Trump
confirmed
2020-10-21DOJ Purdue Settlement Allows Sacklers to Keep Billions in Extracted Wealth
U.S. Department of Justice · Purdue Pharma · Sackler Family · Richard Sackler · +5
confirmed
2020-01-01CEO Pay Ratio Reaches 351-to-1 Versus Average Worker, Up from 21-to-1 in 1965
CEOs · Corporate boards · Workers
confirmed
2018-11-13Amazon Selects NYC and Arlington for HQ2—Extracting at Least $4.6 Billion in Subsidies
Amazon · Jeff Bezos · Andrew Cuomo · Bill de Blasio · +1
confirmed
2018-03-15Toys 'R' Us Liquidation: PE Firms Extract $470 Million, 33,000 Workers Get Nothing
Bain Capital · KKR · Vornado Realty Trust · 33,000 Toys R Us workers
confirmed
2018-01-01Amazon Pays Zero Federal Income Tax Again on $11.2 Billion Profit—Receives $129 Million Tax Rebate
Amazon · Jeff Bezos · Institute on Taxation and Economic Policy
confirmed
2017-01-01Amazon Pays Zero Federal Income Tax on $5.6 Billion Profit
Amazon · Jeff Bezos · Institute on Taxation and Economic Policy
confirmed
2016-10-01Council of Economic Advisers: Market Power Suppresses Wages, Contributes to $1+ Trillion in Lost Worker Income
Council of Economic Advisers · Workers · Dominant firms
confirmed
2012-01-01Stock Buybacks Reach $500 Billion Annually as S&P 500 Companies Return 91% of Earnings to Shareholders
S&P 500 companies · Shareholders · Workers
confirmed
2005-07-01Bain, KKR, and Vornado Acquire Toys 'R' Us for $6.6 Billion, Loading Company with $5 Billion Debt
Bain Capital · KKR · Vornado Realty Trust · Toys R Us
confirmed
2005-01-01Private Equity Assets Under Management Reach $1 Trillion, Enabling Systematic Extraction Across Economy
Blackstone · KKR · Bain Capital · Apollo · +1
confirmed
2000-01-01Stock Options Become Primary Executive Compensation, Aligning CEO Interests with Short-Term Stock Price Manipulation
Corporate boards · Compensation consultants · Wall Street
confirmed
1989-02-09KKR's $31 Billion RJR Nabisco Leveraged Buyout Establishes Private Equity Wealth Extraction Model
KKR · Henry Kravis · Ross Johnson · RJR Nabisco
confirmed
1982-11-17SEC Adopts Rule 10b-18, Legalizing Stock Buybacks and Creating Major Wealth Extraction Mechanism
Securities and Exchange Commission · John Shad · Ronald Reagan
confirmed
1981-04-01Jack Welch Becomes GE CEO, Launches 'Shareholder Value' Era and Mass Layoffs
Jack Welch · General Electric
confirmed
1970-09-13Milton Friedman's 'The Social Responsibility of Business Is to Increase Its Profits' Establishes Shareholder Primacy Doctrine
Milton Friedman · Chicago School economists
confirmed