Tag: wealth inequality
Eight ways the Trump-GOP tax cuts have made the rich richer...
In the two years since Congress passed the Republican tax law, the richest 1 percent have been the big winners.
Are America’s rich getting tired of winning?
European social scientists see poverty as “social exclusion,” the incapacity to lead the life that most of society considers minimally decent.
Top 1.0% of earners see wages up 157.8% since 1979
These data are not top-coded, meaning the underlying earnings reported are actual earnings and not “capped” or “top-coded” for confidentiality.
Have researchers just hit an inequality trifecta?
At racetracks all across America, lucky bettors every so often rake in small fortunes when the horses they pick to finish one,...
Wealth that concentrates kills
The weight of the wealth that sits at the top of America’s economic order isn’t just squeezing dollars out of the wallets...
Can business put people before profits?
Gordon Gekko found religion last week. Gekko, the lead in the 1987 movie “Wall Street” about capitalism gone corruptly amok, is most...
Inequality in the U.S. is stifling economic growth and could cost...
Failure to close the gap, leaving the majority of wealth among the super-rich, will cost the economy anywhere from $1 trillion to $1.5 trillion by 2028.
What is the point of your human life?
For some time now, I’ve been trying to assess the point of one’s human life. What makes you (or me) important or...
Should we abolish billionaires?
America now has more billionaires than at any time in history, while most Americans are struggling to make ends meet. With such...
Taxing the rich starts with knowing who they are
When we talk about the wealthy, who are we really referring to? Is it the billionaires on private jets? The neighbors up...