The Bill And Melinda Gates’ Fair Taxation Scaremongering Tour

By Chris Orlet, -

Billionaire philanthropists Bill and Melinda Gates, appearing recently on The Late Show with Stephen Colbert, said a number of things that made Colbert’s liberal audience squeal with delight. [...]

Have The Rich Always Laughed Stiff Tax Rates Away?

By Sam Pizzigati, -

The guardians of our conventional wisdom on taxing the rich have messed up — and they know it. They slacked off. They started believing their own tripe. Average Americans, they assumed, would [...]

Amazon Won’t Pay A Dime In Federal Taxes This Year

By Jacob Sugarman, -

Amazon won’t pay a dime in federal taxes this year—just as it didn’t pay a dime in federal taxes the year before. According to a new report from the Institute on Taxation and Economic [...]

Seriously Taxing The Rich Will Take ‘Guts’ — And More

By Sam Pizzigati, -

Jan Schakowsky doesn’t need to apologize for anything. This veteran member of Congress from Illinois has a record second to none on issues that matter to working people. Over the course of her 20 [...]

How The Age Of Billionaires Ends

By Josh Hoxie, -

Serious proposals are on the table to address the deepening divide between the uber-rich and the rest of us. Every month or so there’s a stunning new headline statistic about just how stark our [...]

The Billionaires Are Wrong; We Can’t Afford Anything But Single Payer Health Care

By Kevin Zeese, -

The three billionaires who are running for president put out false information on improved Medicare for all. This includes Donald Trump, Michael Bloomberg,  and Howard Schultz.  Bloomberg and [...]

The Problem Isn’t Robots Taking Our Jobs. It’s Oligarchs Taking Our Power

By Adam Simpson, -

The presumed aspirant tech moguls of the automation age acknowledge that your current, barely-making-ends-meet job is going to get squeezed, shortchanged, or wiped out altogether by a robot or an [...]

Global Economy On The Brink As Davos Crowd Parties On

By Jack Rasmus, -

“At Davos, Switzerland every year the global capitalist elite gather to party…and to prepare for the year ahead. This year more than 1500 private jets will reportedly fly in. Thousands more of [...]

Extreme Wealth Threatens Our Very Planet

By Sam Pizzigati, -

We either keep fossil fuels in the ground, or we fry. That’s the conclusion of another new blockbuster study on climate change, this one from the National Academy of Sciences. Our fossil-fuel [...]

Elites Descend On Davos As Global Wealth Gap Reaches Historic Levels

By Steve Dubb, -

A new report from Oxfam, compiled by a 10-person team, finds the global wealth gap growing still greater. The revealed trend of increasing global economic inequality may surprise few, but the [...]

Facing Populist Assault, Global Elites Regroup In Davos

By Paul Wiseman and Jamey Keaten, -

DAVOS, Switzerland (AP) — As the world’s financial and political elites convene here in the Swiss Alps for the World Economic Forum, their vision of ever-closer commercial and political ties is [...]

Davos: Oxfam Reports The Gap Between Rich And Poor Grows, Fuels Global Anger

By Hereward Holland, -

NAIROBI, Jan 21 (Reuters) - Tax systems that put a high burden on the poor mean public services are underfunded, stretching the gap between rich and poor and fuelling global public anger, Winnie [...]

Dreams Deferred: How Enriching The 1% Widens The Racial Wealth Divide

By Dedrick Asante-Muhammad, Chuck Collins, Josh Hoxie and Sabrina Terry, -

January 15, 2019, the release date of this report, would have been the 90th birthday of Dr. Martin Luther King, Jr. Dr. King envisioned a future in which deep racial inequalities were eradicated [...]

Billionaires Vs. LA Schools

By Eric Blanc, -

Unlike many labor actions, the Los Angeles teachers’ strike is not really about wages or benefits. At its core, this is a struggle to defend public schools against the privatizing drive of a [...]

Do We Really Need Billionaires?

By Lawrence Wittner, -

In March 2018, Forbes reported that it had identified 2,208 billionaires from 72 countries and territories.  Collectively, this group was worth $9.1 trillion, an increase in wealth of 18 percent [...]