Tag: income inequality
2021: Half of America facing poverty
For the great majority of Americans without a share of the stock market, and for those who can't work from home, the pandemic is adding the prospect of a financial collapse to all their other concerns.
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.
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How the rich get richer: Evade taxation, grease trillion-dollar tax breaks, jack interest rates,...
In class and status-conscious, materialistic America (was it ever otherwise?), scoring net worth is easier than figuring out messy election results.
‘No Kings’ movement rises as Trump unleashes military force to silence dissent
As President Trump deploys troops and tanks against protestors in Los Angeles and prepares for a military parade in Washington, over 1,800 rallies across the U.S. vow to resist authoritarianism with peaceful protest.
The 3 questions every democratic candidate should be required to answer
But this requires electing Democrats who understand the gravity of the moment and who are prepared to expend serious political capital to make big changes possible.
Global outrage after Israel seizes Gaza-bound aid ship in international waters
With activists from 10 countries aboard, including Greta Thunberg and a member of the European Parliament, Israel’s armed interception of the Madleen is being condemned as piracy and a violation of international law.
Planetary boundary crossed: Ocean acidification now threatens global ecosystems and coastal economies
Scientists warn that ocean acidification passed a critical tipping point years ago, threatening marine biodiversity and putting billions in economic value at risk as world leaders gather for emergency talks in France.