Sunday, November 24, 2024

Tag: poor

What happens economically when wealth tilts to the top?

Trickle-down is trickling away.

President Biden’s Tax-the-Rich plan: Just how bold?

A little history can help us with the answer.

2021: Half of America facing poverty

For the great majority of Americans without a share of the stock market, and for those who can't work from home, the pandemic is adding the prospect of a financial collapse to all their other concerns.

‘Grotesque’: While 41 million people lost jobs due to COVID-19, US...

"This is a grotesque indicator of the deep inequalities in U.S. society."

Getting poorer while working harder: The ‘cliff effect’

In addition to boosting wages, it will take major policy changes, like making child care more universally available and affordable, to offset the skyrocketing costs of living for American workers.

How wealthy have our super wealthy become?

It turns out we know far less, by contrast, about Americans who live amid great wealth.

It’s getting worse: The IRS now audits poor Americans at about...

As the agency’s ability to audit the rich crumbles, its scrutiny of the poor has held steady in recent years. Meanwhile, a new study shows that audits of poor taxpayers make them far less likely to claim credits they might be entitled to.

‘Shame on Uber:’ Drivers on strike worldwide protesting ‘poverty wages’

"This is an act of solidarity with drivers across the country, and really across the world, who are suffering with poverty wages."

‘Big attack on working people:’ Trump moves to redefine poverty in...

"A novel way to take health care etc. away from people AND make it look like there are fewer poor people – change the formula."

How wealthy is America

We have a lot of wealth per capita. Why can't we share it?

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143 million Americans may be exposed to toxic ‘forever chemicals’ in drinking water

Millions of Americans face exposure to toxic PFAS chemicals in drinking water, with new EPA data revealing the extent of contamination and fears of regulatory rollbacks under a Trump administration.

Musk and Ramaswamy’s DOGE: Mass firings, deregulation, and the erosion of federal protections

Critics argue that these plans will erode social safety nets, undermine public services, and disproportionately benefit corporate interests.

David Huitema confirmed as ethics Czar amid fears of Trump’s return and conflict of...

As Trump’s second term looms, the Senate confirmed David Huitema to lead the Office of Government Ethics. Advocates praise the move, but critics warn of a tough road ahead for government accountability.

Sierra Club sounds alarm, nominee Lee Zeldin ‘unqualified’ to head EPA

“The best-case scenario is that the EPA will lose four years in the fight for the planet. The worst-case scenario should send a shudder down your spine.”

House passes bill granting Treasury power to shut down nonprofits without evidence, sparking free...

Legislation dubbed the “nonprofit killer” faces backlash over potential threats to free speech and civil liberties.