Tag: wealth
Undocumented immigrants pay higher tax rates than top 1% in most...
New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.
New report reveals millionaires’ tax rates slashed by half since 1950s,...
This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.
Billionaires’ wealth skyrockets by 114% amid global poverty surge
This extraordinary accumulation of wealth comes at a time when nearly 5 billion people globally grapple with the challenges of inflation, war, and the climate crisis, slipping further into poverty.
U.S. billionaire wealth surges as COVID-19 pandemic worsens
As percentage of wealth, billionaire taxes have fallen 79% since 1980.
In divided Alaska, the choice is between paying for government or...
Alaskans will soon confront the dramatic effects of Republican Gov. Mike Dunleavy’s vetoes of US$444 million from the state operating budget of $8.3 billion,...
How wealthy have our super wealthy become?
It turns out we know far less, by contrast, about Americans who live amid great wealth.
Socialism for the rich, capitalism for the rest
Meanwhile, most Americans are subject to an increasingly harsh and arbitrary capitalism.
The big economic switcheroo
America’s wealthy have never been wealthier. They should pay their fair share of taxes. The big switcheroo should be reversed.
The inequality to be suffered by our children
Unless progressive policies are demanded by American voters, most of our children and grandchildren will suffer from the continuing expansion of a Great-Depression-like wealth gap that already "dwarfs" the rest of the developed world.