Tag: income inequality

New CBO analysis confirms steep losses for poorest Americans under GOP-backed plan as Medicaid, SNAP, and public programs are gutted to fund tax cuts for the top 1 percent.

As House Republicans approve tax breaks for the wealthy, they simultaneously move to gut Medicaid and food assistance, rejecting all amendments to protect vulnerable Americans.

New Republican plan could strip 8.6 million Americans of healthcare while permanently enriching the ultra-wealthy through revived 2017 tax breaks.

Oxfam analysis reveals global CEOs now earn 56 times more than average workers as corporate profits surge and economic inequality deepens on International Workers’ Day.

Without archaeology, there is no way to truly examine economic inequality, its causes, and its consequences over very long time spans on a global scale.

Senator Bernie Sanders urges President Joe Biden to present a stronger agenda amidst rising calls for new leadership within the Democratic Party.

If capitalism were working properly, billionaires would have gone the way of the dodo.

This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.

A Delaware state court ruling has shaken up the pay world for corporate executives.

The study reveals a staggering 50 percent of U.S. renters were dedicating more than 30 percent of their income to cover rent and utilities.