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.
Pat Garofalo: So You Want to Tax The Rich — A How-To Guide
Taxing the rich has been a hot subject of late thanks to a few Congressional Democrats. First, New York Rep. Alexandria Ocasio-Cortez floated the idea of raising the top marginal … Continue reading
Josh Hoxie: How Aristocracies Are Born
Supreme Court Justice Louis Brandeis warned in 1941, “We must make our choice. We may have democracy, or we may have wealth concentrated in the hands of a few, but … Continue reading
Jeremy Slevin: The UN Just Published a Scathing Indictment of US Poverty
UN special rapporteur Philip Alston. (Photo credit TONY KARUMBA/AFP/Getty Images) “The $1.5 trillion in tax cuts in December 2017 overwhelmingly benefited the wealthy and worsened inequality.” The United Nations has … Continue reading
Standard & Poor: How Increasing Income Inequality Is Dampening U.S. Economic Growth
The topic of income inequality and its effects has been the subject of countless analysis stretching back generations and crossing geopolitical boundaries. Despite the tendency to speak about this issue … Continue reading
Marc Jampole: President Obama’s new tax proposal
What took Obama so long to address our unfair tax system? And why is his plan so complicated? Barack Obama started with majorities in both the House and Senate. Six … Continue reading →