Tag: wealth inequality
From the 80s to today, the top 1 percent gain trillions,...
"Between 1989 and 2018, the top 1 percent increased its total net worth by $21 trillion."
Getting poorer while working harder: The ‘cliff effect’
In addition to boosting wages, it will take major policy changes, like making child care more universally available and affordable, to offset the skyrocketing costs of living for American workers.
Americans’ extinction denial syndrome
As the mad globalization of the economy and the funneling of all wealth to the tiniest segment of the ultra-rich carries on apace, perhaps the rest of us, struggling just to make the monthly payments for shelter and food, are losing that primal urge so critical to species survival.
It’s getting worse: The IRS now audits poor Americans at about...
As the agency’s ability to audit the rich crumbles, its scrutiny of the poor has held steady in recent years. Meanwhile, a new study shows that audits of poor taxpayers make them far less likely to claim credits they might be entitled to.
What is the major issue in the 2020 election?
"Do the wealthy contend that their excess wealth is needed by the economy?"
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.
‘Big attack on working people:’ Trump moves to redefine poverty in...
"A novel way to take health care etc. away from people AND make it look like there are fewer poor people – change the formula."
A plaintive plea from America’s rich: Let’s change the subject!
Other candidates, most notably Bernie Sanders and Elizabeth Warren, begrudge plenty and have specific proposals for changing the rules that let wealth keep concentrating.
End taxes that favor the rich; confront inequality and implement an...
More progressive and ecological taxation is essential to fund the ecosocialist Green New Deal for climate and economic security.
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Nearly all plant-based meat alternatives Contain mycotoxins
The researchers found that 100 percent of the plant-based meat substitutes contained at least one of 19 different types of mycotoxins, often showing high "co-occurrence" (multiple toxins in a single product).
Supreme Court rulings and new Southern maps intensify battle over Black voting power before...
A series of redistricting fights in Alabama, Tennessee, and Virginia is reshaping the struggle over voting rights and congressional control as critics warn that recent Supreme Court decisions are accelerating the erosion of protections for Black voters.
The electric car is the only winner in the latest Iran war
The Hormuz Choke Point and the Twilight of Petroleum.
The US-China tech race, resource wars, and the cost of militarization
Over the past decade, a steady and well-funded campaign has convinced the general public that China is the greatest threat to the safety and security of the American people.
Wow! Losing the war PLUS losing the peace – the frenzy of fiascos ravage...
What other blundering buffoons ever lost a war (of choice), then willfully lost the peace via threats, phony bluffs and tin-ear, belligerent BS?