Inequality.org

A project of the
Institute for Policy Studies

Top Read: New Estate Tax Rules Should Expire After 2012

Estate tax changes enacted in 2010 will save U.S. estates worth over $20 million an amazing $3.8 million each in 2011 and 2012.

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Top Read: Top Colleges, Largely for the Elite

What ‘meritocracy’? On the nation’s most prestigious campuses, students from affluent families far outnumber students from low- and middle-income households.

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Top Read: Why the Rich Love High Unemployment

For corporate CEOs and wealthy bondholders alike, the more jobless, the merrier.

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Top Read: High Pay Matters

To bring executive pay back to reasonable levels, a Labour peer in the UK House of Lords suggests, we may need to start considering “some form of maximum wage.”

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Top Read: Wall Street has us fighting over the leftovers

The ongoing deterioration of America’s quality of life will only end when “our communities stop fighting over the scraps and insist that deadbeat corporations and billionaires start contributing their share.”

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Top Read: CEOs got a big raise; how about you?

Top U.S. exec pay last year rose seven times faster than pay for average American workers.

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Top Read: The Great Switch by the Super Rich

A former U.S. secretary of labor examines the most fundamental fiscal shift of our time: “Forty years ago, wealthy Americans financed the U.S. government mainly through their tax payments. Today wealthy Americans finance the government mainly by lending it money.”

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Top Read: When maids fly first class

A sobering glimpse inside the life of India’s super rich. Let them eat cake, anyone?

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Top Read: CEO-Worker Pay Ratio Rule Under Attack

A vigorous defense of the year-old CEO-worker pay ratio disclosure mandate now under ferocious corporate assault in Congress.

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Top Read: Wealth gap: the moral behind the royal wedding

This tale of the princess and the underpaid palace cleaner “reveals the growing gulf between rich and poor,”

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Top Read: McDonald’s is killing the middle class

The U.S. economy is creating jobs, “but mostly ones that will widen America’s income gap between rich and poor.”

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Top Read: Moving the Goal Posts on Pay

How “pay for performance” really works: If one metric doesn’t show a CEO is “performing,” that CEO will find some other that does.

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Top Read: Ohio estate tax repeal effort called ‘immoral’ by Coleman

The mayor of Columbus, in a blast against a state legislative vote to repeal Ohio’s estate tax, calls it “immoral to cut taxes for the rich while cutting services to ordinary people.”

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Top Read: Inequality Rising Across the Developed World

Most of the world’s richest nations have “seen their richest citizens get much, much richer” over recent decades, says a new OECD report.

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Top Read: Business guru Roger Martin calls for CEO pay reform

CEO pay excess, charges a top business school dean, creates a climate where “customers become marks to be exploited, employees become disposable cogs.”

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Top Read: Financiers Switch to GOP

Why “hedge-fund titans who backed Democrats” are now opening “their wallets for Republicans.”

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Top Read: Dodging Bad CEOs

How two great civic institutions of Los Angeles were “sold to men so venal, cynical, incompetent, and egomaniacal that they gutted them in just a couple of years.”

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Top Read: The Threat from Imbalances

A veteran analyst’s valedictory Times op-ed emphasizes that “overwhelming imbalances in wealth and income inevitably result in enormous imbalances of political power.”

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Top Read: Economic fairness matters

A concise explanation of why “massive economic disparity has a corrosive effect on society.”

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Top Read: Plutocracy Now

Kevin Drum, Plutocracy Now: What Wisconsin Is Really About, Mother Jones, March/April 2011. How the concentration of America’s wealth into the pockets of a wealthy few corrodes our economy and democracy.

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Top Read: Former ambassador fears inequality

John Hamilton, Income disparity is what tea partyers should be upset about, Seattle Times, March 9, 2011. A former U.S. ambassador in Latin America has seen “what severe income inequality does to a society” — and fears the United States is repeating Latin America’s historic mistake.

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Top Read: James Galbraith testimony

James Galbraith, Testimony, U.S. Senate Finance Committee Principles of Efficient Tax Reform hearing, March 8, 2011. Why we need to shift the tax burden off of labor onto energy and accumulated wealth.

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Top Read: Union Blues

Hendrik Hertzberg, Union Blues, New Yorker, March 7, 2011. If the anti-union blitz in Wisconsin and elsewhere prevails, the nation will lose the only “formidable counterweight to the ever-growing political power” of America’s ultra rich.

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Top Read: Greed is good in NFL labor talks

Bill Simmons, Greed is good in NFL labor talks, ESPN.com, March 4, 2011. The world’s best pro basketball analyst offers a brilliant take on how the concentration of wealth, at the ownership summit, is ruining pro football.

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Top Read: Inequality: thy name is revolution

Frances Russell, Inequality: thy name is revolution, Winnipeg Free Press, March 2, 2011. Why inequality, even for some conservatives, is emerging “as a major social and economic issue.”

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Top Read: When democracy weakens

Bob Herbert, When Democracy Weakens, New York Times, February 12, 2011. Living where “the wealthy call the tune.”

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Top Read: Prosperity and progressive taxation

Frank Cocozzelli, Refuting the Reagan Legacy: Progressive Taxation is the Key to Prosperity, New Deal 2.0, February 7, 2011. A blueprint for reclaiming the narrative about the tax code Ronald Reagan so distorted a generation ago.

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Top Read: Myths on Jersey’s income tax

Editorial, Myths on Jersey’s income tax, Star-Ledger, November 30, 2010. How the wealthy — and New Jersey’s wealthy governor — obfuscate the “millionaire tax” debate.

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Top Read: Return of the Estate Tax

Stephen Colbert, Return of the Estate Tax, December 2, 2010. The Comedy Central newscaster goes to bat for a noble minority: children of the obscenely wealthy.

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Top Read: Tax cuts for rich don’t trickle down

Lew Prince, Tax cuts for rich don’t trickle down, Politico, December 3, 2010. A small business owner blasts giving a tax cut “ to the guys who made billions trashing our economy.”

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Top Read: ‘Undercover Boss’ Salaries: When Equality Disappears

Bruce Watson, ‘Undercover Boss’ Salaries: When Equality Disappears, Daily Finance, December 4, 2010. TV’s Undercover Boss preaches that not much, in real-life know-how, separates top from bottom on the corporate ladder. So why do bosses make more in a day than workers make in a year?

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