Tag: wealth inequality
Eight ways the Trump-GOP tax cuts have made the rich richer...
In the two years since Congress passed the Republican tax law, the richest 1 percent have been the big winners.
Are America’s rich getting tired of winning?
European social scientists see poverty as “social exclusion,” the incapacity to lead the life that most of society considers minimally decent.
Top 1.0% of earners see wages up 157.8% since 1979
These data are not top-coded, meaning the underlying earnings reported are actual earnings and not “capped” or “top-coded” for confidentiality.
Have researchers just hit an inequality trifecta?
At racetracks all across America, lucky bettors every so often rake in small fortunes when the horses they pick to finish one,...
Wealth that concentrates kills
The weight of the wealth that sits at the top of America’s economic order isn’t just squeezing dollars out of the wallets...
Can business put people before profits?
Gordon Gekko found religion last week. Gekko, the lead in the 1987 movie “Wall Street” about capitalism gone corruptly amok, is most...
Inequality in the U.S. is stifling economic growth and could cost...
Failure to close the gap, leaving the majority of wealth among the super-rich, will cost the economy anywhere from $1 trillion to $1.5 trillion by 2028.
What is the point of your human life?
For some time now, I’ve been trying to assess the point of one’s human life. What makes you (or me) important or...
Should we abolish billionaires?
America now has more billionaires than at any time in history, while most Americans are struggling to make ends meet. With such...
Taxing the rich starts with knowing who they are
When we talk about the wealthy, who are we really referring to? Is it the billionaires on private jets? The neighbors up...
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The dark side of ecotourism: When green travel exploits people and the planet
As luxury eco-retreats and voluntourism surge, experts warn that without systemic reform, the industry may be doing more harm than good.
Judge dismisses the last January 6 case, writing that absolving the Oath Keepers is...
The Justice Department told the court a retrial would harass eight men whose sentences Trump had already commuted. Two Oath Keepers who pleaded guilty and cooperated keep their convictions.
US workers average 10 paid vacation days a year, and 33 million get none
Twenty-five OECD countries require employers to provide at least 20 days. The US legal minimum is zero, and 57 percent of the lowest-paid tenth of workers get no vacation at all.
FCC faces backlash over push to lift media ownership limits amid threats to local...
Press freedom and civil liberties groups warn that loosening media consolidation rules would further erode independent news, local coverage, and democratic accountability.