Tag: 1 percent
Since 1975, $79 trillion has been redistributed from the bottom 90%...
Has this massive redistribution, driven by policies favoring corporations and the wealthy, reshaped the American economy?
Oxfam reports richest 1 percent responsible for more carbon emissions than...
The report titled, “Climate Equality: A Planet for the 99%,” shows the large gap between the carbon footprint of the richest 1 percent and the rest of the people across the world.
Americans have been bilked out of billions during the pandemic from...
Unless America addresses runaway income inequality and begins protecting the most vulnerable in society, the next pandemic will hit the nation even harder.
Eight ways the Trump-GOP tax cuts have made the rich richer...
In the two years since Congress passed the Republican tax law, the richest 1 percent have been the big winners.
World’s 500 richest people gained $1.2 trillion in wealth in 2019:...
"A small handful of billionaires should not be able to accumulate more money than they could spend in 10 lifetimes while millions of Americans are living in poverty and dying because they can't afford healthcare."
Bloomberg for president? God no!
Will Bloomberg buy his way to the top or even to a brokered convention where he could buy the support of the Super Delegates?
Billionaires keep benefiting from a tax break to help the poor....
“The Opportunity Zone program has been troubled from the start.”
A plaintive plea from America’s rich: Let’s change the subject!
Other candidates, most notably Bernie Sanders and Elizabeth Warren, begrudge plenty and have specific proposals for changing the rules that let wealth keep concentrating.
Economist Joseph Stiglitz: Capitalism hasn’t been working for most people for...
"We haven’t been challenged, to put it in a way. But we are being challenged now, because so many people have done so poorly."
Reaching critical mass on taxing the rich
“Taxing the annual gains generated by wealth closes a host of loopholes, while raising the sort of revenue needed to keep Social Security and Medicare secure for years to come.”
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Trump-GOP tax bill delivers $5 trillion to billionaires while slashing aid for working families
The legislation extends Trump-era tax breaks for the ultra-wealthy, adds new corporate giveaways, and revives controversial provisions targeting civil society, while gutting Medicaid and SNAP.
Poof! It’s gone
The America we once knew...gone!
What are Erik Prince’s plans for the second Trump administration?
New plans from Erik Prince, a persistent figure in America’s private military complex, signal a wider push to privatize government functions in Trump’s second term.
NOAA will stop tracking costs of climate crisis-fueled disasters in wake of Trump cuts
The agency said updates will no longer be made to its Billion-Dollar Weather and Climate Disasters database by the National Centers for Environmental Information (NCEI), and that this information—which stretches back 45 years—would be archived.
GOP Medicaid cuts would drop millions from coverage while boosting tax breaks for the...
New Republican plan could strip 8.6 million Americans of healthcare while permanently enriching the ultra-wealthy through revived 2017 tax breaks.