Tag: wealth inequality
Corporations are spending their tax cut – on themselves
Instead of creating jobs, big businesses are using their tax cut bonanza to hike stock value and CEO pay.
We’re told the Dow Jones average…
But wait – nearly all stock is owned by the richest 10 percent of Americans, so the Dow Jones Average says nothing about the economic condition of the 90 percent majority of Americans.
Legalizing tyranny
We have built a terrifying legal and policing apparatus that has placed the poor of our nation in bondage – an American tyranny.
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.
Sanders to join grassroots opposition of Republican-backed tax law in Iowa,...
Sanders, who called the tax law "one of the worst pieces of legislation in the modern history of our country," along with many other Democrats, are calling for a repeal.
What’s killing America’s middle class?
Just as progressives deliberately pushed public policies to create the middle class, so are today's economic royalists deliberately pushing plutocratic policies to destroy it.
How inequality is killing off humanity
In the U.S., where wealth inequality is extreme and getting worse, the richest .01 percent are wealth-obese.
Bill Gates, Jeff Bezos and Warren Buffett own more wealth than...
IPS's Chuck Collins and Josh Hoxie know it is not a “natural phenomenon” how the rich got rich at the expense of the rest of the population.
5 Reasons the Top Tax Rate Should Be 80%
Informed Americans understand that an economic war has been waged against the middle and lower classes.
The Morality of a $15 Minimum
A national movement is growing for a $15 an hour minimum wage rase—workers at fast-food and big-box retail establishments are striking for a raise. So when will corporate America start moving toward this goal?
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Climate change costs to hit $38 trillion annually by 2050
New study reveals stark economic disparities as global warming intensifies, disproportionately affecting the world's poorest nations.
Children among hundreds found in new mass grave at Gaza hospital
A horrifying discovery in Khan Younis raises alarms about the profound toll of ongoing hostilities on the most vulnerable.
Senator Sanders proposes major cuts to Israeli military aid amid human rights concerns
Amid accusations of genocide and widespread human rights abuses, Senator Bernie Sanders champions amendments to halt offensive military funding to Israel, sparking a critical Senate debate.
Historic Gaza protests at Columbia U. enter day 6; campus protests spread across country
Solidarity protests and encampments have now sprouted up on campuses across the country, including at Yale, MIT, Tufts, NYU, The New School and University of North Carolina at Chapel Hill.
Senators unveil landmark bill to ban junk food ads aimed at kids amid rising...
Senators Bernie Sanders, Cory Booker, and Peter Welch propose the Childhood Diabetes Reduction Act, targeting junk food advertisements to combat the escalating diabetes and obesity epidemic among children.