A 2 percent wealth tax is like shaving off a fraction of a spire from a large cathedral, says economist Nancy Folbre.
This post has been syndicated from Truthout, where it was published under this address.
Wealth Taxes Will Barely Slow Inequality. So Why Do the Super-Rich Resist Them? Read Post »
In 2025, the share of total US assets owned by the wealthiest 0.1 percent reached its highest level on record.
This post has been syndicated from Truthout, where it was published under this address.
US’s 10 Richest People Have Gained Nearly $700B in Wealth Since Trump Reelection Read Post »
One of the largest health care worker unions is spearheading the push to get the proposal on the November 2026 ballot.
This post has been syndicated from Truthout, where it was published under this address.
CA Organizers’ Proposal Would Tax Billionaires to Mitigate Medicaid Cut Harm Read Post »
Three decades ago, it cleared a path that led toward the likes of the DOGE wrecking crew.
This post has been syndicated from Truthout, where it was published under this address.
Democratic Party Leadership Still Refuses to Address the Root of Inequality Read Post »
To say that Justin Portela never imagined himself as a highly paid business consultant at McKinsey & Company would be an understatement. He didn’t have a privileged upbringing, to put it mildly, and in 2018, when he first walked onto the Stanford University campus, Portela, like most incoming freshmen, was unaware such careers even existed. […]
This post has been syndicated from Mother Jones, where it was published under this address.
How America’s Elite Colleges Breed High-Status Careers—and Misery Read Post »
The proposal would raise an estimated $150 billion over a decade if current compensation patterns continue.
This post has been syndicated from Truthout, where it was published under this address.
Tlaib and Sanders Introduce Bill to Tax Companies for Excessive CEO Pay Read Post »
The country’s former Chief Justice Sushila Karki looks set to become interim prime minister.
This post has been syndicated from Truthout, where it was published under this address.
Protests Topple Nepal Government Amid Anger Over Corruption and Inequality Read Post »
The “abundance” climate agenda is little more than a progressive repackaging of trickle-down, anti-regulatory economics.
This post has been syndicated from Truthout, where it was published under this address.
“Abundance” Lobby Uses Trendy Words to Hide Same Old Attacks on the Environment Read Post »
Starbucks’s CEO made 6,666 times the median Starbucks worker in 2024. He’s not alone.
This post has been syndicated from Truthout, where it was published under this address.
As CEO Compensation Soars, Everyone Else Gets Left Behind Read Post »
Experts worry a lack of access could lead to death and chronic illnesses, and worsen economic disparities.
This post has been syndicated from Truthout, where it was published under this address.
Medicaid Cuts Threaten Life-Saving Care for Rural Black Families Read Post »
Amid the rancor and rhetoric of the fight over the “big, beautiful bill,” we heard many a story about Americans likely to suffer as a result of it—families who might lose access to elder care and food stamps and homes and health insurance and other important things. Largely missing were insiders’ views of the kinds […]
This post has been syndicated from Mother Jones, where it was published under this address.
How a Rich Dad’s Obsession With the Estate Tax Nearly Tore His Family Apart Read Post »
The CEOs in the report can also avoid paying an extra $738 million in income taxes thanks to Trump’s budget legislation.
This post has been syndicated from Truthout, where it was published under this address.
AFL-CIO Report Finds That CEOs Made 285 Times More Than Their Workers Last Year Read Post »
Find your voice:
