Tag: income inequality
Bill, Melinda, and the burden of grand fortune
All relationships, not just romantic couplings, tend to be twisted by wealth.
American billionaires’ net worth up $931 billion since start of COVID-19...
The total collective wealth of American billionaires is "nearly double the $2.1 trillion in total wealth held by the bottom half of the population, or 165 million Americans."
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.
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Live by phony conspiracies, die by real conspiracies: Truth crawls from a swamp of...
On top of six months of popularity-killing blundering, reality is outing Trump—blowing apart obsolete fix-it moves.
Colbert’s termination is a corporate assault on dissent and a victory for Trump
Was he blindsided by media conglomerates eager to capitulate to him?
Texas lawmakers largely ignored recommendations aimed at helping rural areas like Kerr County prepare...
Although it had been only seven years since Hurricane Harvey, legislators now prioritized the state’s water and drought crisis over flooding needs.
CBO: Trump law will add $3.4 rrillion to deficit, boot 10 million off health...
Warnings about the law's impact on the national debt and the healthcare of millions—particularly Americans on Medicaid—were prominent during the GOP effort to pass the budget reconciliation package by Trump's Independence Day deadline.
To resist injustice in Gaza and the wider world
One Day, Everyone Will Have Always Been Against This is neither polemic nor memoir, although it contains elements of both.