Wednesday, August 19, 2026

Tag: income inequality

Business leaders welcome July 1 minimum wage hikes

Advocacy groups like Business for a Fair Minimum Wage highlighted that a higher wage floor creates a level playing field, reduces costly employee turnover, and increases consumer spending power.

Sanders and Khanna introduce 5% wealth tax aimed at raising $4.4...

Legislation would target households worth over $1 billion and direct revenue toward healthcare, housing, childcare, and teacher pay.

Trump’s second term delivers massive gains for billionaires as working Americans...

New data and polling show wealth surging at the top under Donald Trump while healthcare, food assistance, and affordability erode for millions.

As Americans live paycheck to paycheck, Tesla shareholders approve Musk’s $1...

As the nation endures record inequality and a prolonged government shutdown, Tesla shareholders have granted CEO Elon Musk a pay deal that could make him the world’s first trillionaire, prompting fierce backlash from lawmakers, labor unions, and progressive groups.

Victims without victimizers

But what about the preventable ones? Shouldn’t the United States provide for the basic needs of its people?

Tlaib and Sanders push bill to tax excessive CEO pay

Sen. Bernie Sanders and Rep. Rashida Tlaib unveiled legislation that would impose higher taxes on corporations paying executives more than 50 times their workers, citing billion-dollar gaps at firms like Walmart, Starbucks, and Tesla.

CEOs are getting richer. Everyone else is falling behind.

At the 100 largest low-wage corporations, the average CEO now makes 632 times more than a typical worker.

Trump’s top tax official built career helping billionaires dodge taxes

Ken Kies, a longtime lobbyist for major corporations and the ultra-wealthy, now leads the Treasury’s tax policy office under Trump—just as Republicans push for new tax cuts benefiting the richest Americans.

Spain, Brazil and South Africa create alliance to tax super-rich at...

Oxfam said the alliance created at the UN conference shows the political will for taxation of the super-rich that countries must follow their lead and join forces.

Trump’s ‘big beautiful bill’ slashes healthcare and food aid while delivering...

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.

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Arch Street Friends Meeting House in Philadelphia, a property of Philadelphia Yearly Meeting of the Religious Society of Friends, the lead plaintiff in the case. Photo: ajay_suresh / CC BY 2.0, via Wikimedia Commons

Appeals court upholds order limiting ICE arrests at Quaker, Sikh and Baptist houses of...

The Justice Department never argued a compelling government interest before the district court, and the Fourth Circuit held that defense waived.
The Lorain County Administration Building in Elyria, Ohio, where the county commissioners meet and striking Job and Family Services workers have picketed. Photo by WeaponizingArchitecture / CC BY-SA 4.0, via Wikimedia Commons

Lorain County caseworkers reach day 180 of a strike over a dollar an hour

Union officials told the bargaining chair the walkout may be the longest in Ohio public sector history, a claim the county's newspaper could not confirm. Commissioners point to an $11 million deficit.
A data center hall. Photo: 123net / CC BY-SA 3.0, via Wikimedia Commons

Oracle drops lawsuit over Wisconsin rules that shield utility customers from data center debt

Twenty-three states had approved special rates for the largest power users by May, and Oracle's own credit rating now sits below the threshold Wisconsin regulators set.
Constitution Center at 400 7th Street SW in Washington, which houses the headquarters of the Office of the Comptroller of the Currency. Photo by Tim1965 / CC BY-SA 3.0, via Wikimedia Commons

Bank regulator clears a Trump family crypto venture to open a national trust bank

The OCC's own decision letter records four commenters raising conflict-of-interest objections involving the president and his family, and the agency placing most of those questions outside the scope of its review.
A street view of Gaza City

Netanyahu Throws “Poison Pill” into Gaza Deal as Kushner Meets with Hamas & Israel:...

President Trump’s son-in-law and envoy Jared Kushner met with Israeli Prime Minister Benjamin Netanyahu in Jerusalem on Monday after Israel rejected a 15-point plan for Gaza promoted by President Trump’s “Board of Peace.” The proposal would have seen Hamas gradually disarm and turn over governance of Gaza to an international force in exchange for Israel’s withdrawal from the besieged territory. Israel, supported by Kushner, is pushing for a deal whereby it “would not be obliged to conduct any of its obligations unless and until Hamas was fully disarmed,” says Middle East analyst Mouin Rabbani. “This is essentially Israel throwing a poison pill into an agreement by including conditions that can never be met.” Rabbani argues that Jared Kushner is not a suitable negotiator because there is a “very intimate ideological, political connection between the Kushners and Israel.”