Rebekah Entralgo: Biden Is Right. No Billionaire Should Pay a Lower Tax Rate Than a School Teacher
Under the billionaire minimum income tax, billionaires would pay a tax rate of at least 20 percent on their full income, including unrealized appreciation, just like workers pay taxes on their paychecks each year.
Steven Pressman: Democratic plans for raising taxes on the rich|A guide for the middle class
It’s hardly surprising that if a Democrat wins the White House, taxes on wealthy Americans and corporations will probably go up. How they’ll go up is the more interesting question.
Ann Jones: The Man Who Saw Trump Coming A Century Ago
Distracted daily by the bloviating POTUS? Here, then, is a small suggestion. Focus your mind for a moment on one simple (yet deeply complex) truth: we are living in a … Continue reading
Video: Robert Reich — Everything you need to know about the new economy
The biggest economic story of our time isn’t about supply and demand. It’s about institutions and power.
Bob Lord: Black America’s Vanishing Wealth Is Bad For All Americans
The racial wealth divide gives billionaires more power over all of us. The answer? Reparations.
Julia Conley: As Public Shouts Approval for Ocasio-Cortez’s 70% Tax Rate for Ultra-Rich, Elites at Davos Admit: “It’s Scary”
“It’s wild that some people are more scared of a marginal tax rate than the fact that 40 percent of Americans struggle to pay for at least one basic need, … Continue reading
Frances Moore Lappé: What Could the French “Yellow Vests” Teach Us about Ourselves?
For the French, equality is a positive value; whereas here at home calls for greater equality are fought by evoking fear of creeping “communism” and—with racist undertones—the coddling of the … Continue reading
Paul Buchheit: America’s Children Face Income Inequality Unseen in Generations
Greater equality of wealth and opportunity can only be achieved through progressive policies, now and in 2020. The Inequality to be Suffered by Our Children The fortunate ones will not … Continue reading
John Atcheson: A Tragedy in Three Parts — Corporations, Coups, and Crazies
The silent coup and the roots of corporate tyranny. Nearly 40 years ago, in his first inaugural address, Ronald Reagan said, “In this present crisis, government is not the solution … Continue reading
Paul Buchheit: How Inequality Is Killing Off Humanity
The super-rich are making it nearly impossible to reverse the deadly effects of an unnaturally unequal society, in part because they’re no longer connected to the world beyond their estates. … Continue reading
Paul Buchheit: Trying to Explain the Disdain for Poor Americans
Americans with wealth and power don’t generally care about the middle and lower classes. Even worse, they are doing real damage to the people they don’t care about. But why? … Continue reading
Sam Pizzigati: The Peasants Still Have Their Pitchforks
Americans want what 21st century politics has so far not delivered: real options for challenging concentrated wealth. What can we expect Congress to do about America’s staggeringly top-heavy concentration of … Continue reading
Video: How the Pentagon is Bracing for Societal Collapse
Abby Martin interviews Dr. Nafeez Ahmed about a recent article he wrote for The Guardian concerning the Pentagon’s multimillion dollar project to study peaceful protest movements and prepare for the … Continue reading
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