Inequality

By Sharon Austin | – On Apr. 4, 1968, Dr. Martin Luther King Jr. was assassinated in Memphis, Tennessee, while assisting striking sanitation workers. Back then, over a half century ago, the wholesale racial integration required by the 1964 Civil Rights Act was just beginning to chip away at discrimination in education, jobs and public […]

Inequality

Top 8 Ways the Massive Trump Tax Cut Made the Super-Rich Super-Richer and Failed Working Families

Inequality.org

By Frank Clemente | – In the two years since Congress passed the Republican tax law, the richest 1 percent have been the big winners. Republicans repeatedly promised in 2017 that their proposed tax cuts for the wealthy and corporations would increase jobs, pay for themselves, give every family a big raise and would really […]

Inequality

World’s 500 Richest People Gained $1.2 Trillion in Wealth in 2019: Analysis

Common Dreams

By Jake Johnson, staff writer | – ( Commondreams.org) – “In the U.S., the richest 0.1% control a bigger share of the pie than at any time since 1929.” The 500 richest people in the world, all of whom are billionaires, gained a combined $1.2 trillion in wealth in 2019, further exacerbating inequities that have […]

Inequality

Is it Time for a Billionaire Ban?

OtherWords

By Negin Owliaei | – The wealthiest Americans dominate our airwaves. Let’s hear from someone else for a change. Bill Gates wants you to know he pays taxes. “I’ve paid more than $10 billion in taxes. I’ve paid more than anyone in taxes,” Gates told journalist Andrew Ross Sorkin. “But when you say I should […]

Inequality

We Know Exactly Where to Get the Money to Fix Inequality

Jim Hightower

By Jim Hightower | – (Otherwords) – Jesse Jackson ran a strong populist campaign for president in 1988, advocating bold new policies and programs to address inequality. This prompted establishment skeptics to scoff, “Where ‘ya gonna get the money?” It’s no secret where America’s wealth has gone in recent decades: upwards. Jackson answered directly: We’ll […]

Inequality

How Much in ‘Inequality Tax’ Are You Paying?

Sam Pizzigati

(Inequality.org) – The hidden burden America’s top-heavy distribution of income and wealth places on people of modest means What nation ranks as the world’s richest? A simple question to answer, right. Well, not so much, suggests the just-released tenth annual Global Wealth Report from the banking giant Credit Suisse. Everything turns out to depend on […]

Health

In the Billionaires’ America, Inequality Is Literally Killing Us

Sam Pizzigati

( Otherwords.org) – Again and again, studies show that the richer wealthy Americans become, the shorter the rest of us live. What do the folks at the U.S. Census Bureau do between the census they run every 10 years? All sorts of annual surveys, on everything from housing costs to retail sales. The most depressing […]

Featured

On Labor Day, US Workers are 1/3 poorer than in 2003 & Top 1% is 2x Richer

Juan Cole

Ann Arbor (Informed Comment) – On Labor Day, American workers have little to celebrate. That’s alright. The September Labor Day, while initially proposed by some workers in the 1880s, was backed by conservative President Grover Cleveland over May 1, which he associated with radicalism (i.e. with workers who would demand their rights). So it really […]

Donald Trump

Racist Billionaires, Patriotic Socialists, Climate Emergency and the Fate of America

Tom Engelhardt

( Tomdispatch.com ) – As I turn 75, there’s no simpler way to put it than this: I’m an old man on a new planet — and, in case it isn’t instantly obvious, that’s not good news on either score. I still have a memory of being a camp counselor in upstate New York more […]