Opinion: Why A Surtax On Multimillionaires’ Income Is Better Than A Wealth Tax

By Chuck Collins, Marketwatch.com -

Some business leaders may be concerned about some of the tax proposals being floated by Democratic candidates for president. But plenty of them — from JPMorgan Chase JPM, -0.36%  CEO Jamie Dimon [...]

Taxing The Rich Is Only A Start, Though It’s A Good One

By Doug Henwood, Socialistproject.ca -

It’s become near-consensus on the social democratic left that you can fund a decent welfare state by taxing the rich and shrinking the military. Sad to say that isn’t true. Those are good things [...]

Inequality Is Literally Killing Us

By Sam Pizzigati, Otherwords.org -

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 of [...]

400 Richest U.S. Families Paid Lower Tax Rate Than Working Class, Study Finds

By Mary Papenfuss, Huffpost.com -

For the first time in a century, the nation’s richest billionaires are paying a lower tax rate than working-class Americans, according to an analysis in a forthcoming book. The wealthiest 400 [...]

The Wealthiest Americans Haven’t Paid Their Fair Share In Decades

By Ilana Novack, Truthdig.com -

Donald Trump tried to sell America on his 2017 tax bill by calling it a middle class tax cut, and regurgitating Reagan-era talking points about how tax cuts for the wealthy actually benefit [...]

The ‘Forbes 400’ List Is Basically Class Warfare

By Opheli Garcia Lawler, Mic.com -

Could you spend a billion dollars? How about $90 billion? Here, try. It’s actually kind of hard to do if you’re used to living, as most Americans do, paycheck to paycheck. In your head, you’ve [...]

Tax The Rich Before The Rest

By Chuck Collins, Postcarbon.org -

Presidential candidates should take a pledge: The middle class should not pay one dollar more in new taxes until the super-rich pay their fair share. Already candidates are outlining ambitious [...]

Saving The Planet Means Overthrowing The Ruling Elites

By Chris Hedges, Truthdig.com -

Friday’s climate strike by students across the globe will have no more impact than the mass mobilizations by women following the election of Donald Trump or the hundreds of thousands of [...]

Our Invisible Government

By Chris Hedges, Truthdig.com -

There are two forms of government in the United States. There is the visible government—the White House, Congress, the courts, state legislatures and governorships—and the invisible government, [...]

Tax The Rich Before The Rest

By Chuck Collins, Otherwords.org -

Presidential candidates should take a pledge: The middle class should not pay one dollar more in new taxes until the super-rich pay their fair share. Already candidates are outlining ambitious [...]

Billionaires Are A Sign Of Economic Failure

By Max Lawson, Inequality.org -

The New York Times published an editorial comment on its front page in January 2019, provocatively entitled “abolish billionaires.” The editorial raised a serious question: what if instead of [...]

Ian Haney López: Dividing Races The Main Weapon Of The Rich

By Roger Bybee, Inequality.org -

Donald Trump’s attacks on black U.S. Representative Elijah Cummings, the Reverend Al Sharpton, and the four progressive Congresswomen of color known as “the Squad” signal how the President, [...]

The World’s Wealthiest Family Gets $4 Million Richer Every Hour

By Staff, Bloomberg.com -

The numbers are mind-boggling: $70,000 per minute, $4 million per hour, $100 million per day. That’s how quickly the fortune of the Waltons, the clan behind Walmart Inc., has been growing since [...]

While Poorest Scapegoated, Analysis Of 25 World’s Wealthiest Families A Reminder Of Inequality’s Economic Drain

By Jon Queally, Nationofchange.org -

"It's funny that the real truth about income inequality is not coming from the south like some would like you to believe—the sucking sound draining the middle-class is the 1 percent... Just [...]

As Charles Koch Cultivates Anti-War Image, Koch Industries Profits From Defense Contracts

By Alex Kotch, Readsludge.com   -

The right-wing billionaire has teamed up with unlikely ally George Soros on “military restraint,” but Koch Industries subsidiaries make millions by supplying the Navy with circuitry. Libertarian [...]