Sunday, June 7, 2020

Tag: income inequality

The income inequality crisis: Why we need a wealth tax

Not only would a wealth tax raise revenue and help bring the economy back into balance, but it would also protect our democracy by reducing the influence of the super-rich on our political system.

How Trump’s war on regulation is trickle-down economics

Trump’s attack on regulation is just another form of trickle-down economics – where the gains go the top, and the risks and losses trickle down.

A sick new game from the executive suite

The corporate push to replace real pay with cheap “psychic income" is on the rise.

America’s richest 2% made more money in 2017 than the cost...

The richest 2-5%, those Americans with an average net worth of about $2.5 million, accumulated enough wealth in 2017 to pay for the safety net FOUR TIMES.

Yes, deniers, millions of Americans are among the poorest people in...

Why is it so hard for people with wealth and power to admit all this?

No, big corporations shouldn’t get tax breaks to create jobs

The breaks seldom pay for themselves — and put employees of local businesses out of work.

STUDY: US lawmakers are looting America

The new tax overhaul, passed by the Senate yesterday, will only exacerbate the problem.

Inequality out of control: The average 1% household made over $2.5...

With inequality ripping us apart, and with few of our national leaders willing or able to confront the problem, we may never again be an equitable and functional society.

One year later: The political cancer metastasizes

America was never what it had purported to be.

Extreme poverty cut in half? Only in the minds of the...

The median wealth of the world's adults is $2,222, down from $3,248 at the end of 2007.

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If Trump sends the US military into states, it will ignite a peoples’ revolution

Can America and its Democracy withstand the attacks that are being made upon it from forces, not from without, but from within this country? What we desperately need, at this time, is a peoples’ revolution.

American Stonewall: The Cops Have Already Lost

If a politician wants to exercise real leadership, let them proclaim a day of healing where they lead a march of police and protesters together in support of a new era in police relations.

Lockdowns for the many, impunity for the few

“I was born in this county. I have never come across ill-feeling like this about anything. Everyone feels it is one law for us and one law for them. That is so unfair.”

New Trump appointee to foreign aid agency has denounced liberal democracy and ‘our homo-empire’

Merritt Corrigan has a history of denouncing liberal democracy and has said that the country is in the clutches of a “homo-empire” that pushes a “tyrannical LGBT agenda.”

DOJ Inspector General investigates prison guards killing inmate with pepper spray

“He died because of the mace. You do not mace an asthmatic...They murdered my son."