Social Security is the bedrock entitlement program that directly supports over 56 million Americans. That's over 18 percent of the population. If you're receiving Social Security, you know that Social...
How do unequal societies solve the problems — like traffic congestion — that make us miserable? They come up with solutions that make life easier for rich people.
All those millions that CEOs and hedge fund managers have grabbed over recent decades? Our current tax code won't let us grab them back. By Sam Pizzigati [caption id="attachment_4945" align="alignright"...
In theory the federal government will bump up against the debt ceiling in late February or early March. Ever since George Bush's 2001 tax cuts the government hasn't collected enough...
The Bush years gave America's rich new and unprecedented preferential treatment at tax time. The fiscal cliff deal enacted in the early moments of 2013 leaves that preferential treatment in...
Who won in the fiscal cliff deal? The lawyers won. Well, not just the lawyers. The lawyers, the doctors, the dentists, the middle managers, the advertising executives, the whole MBA...
For decades neoclassical economists have asserted the inevitable logic of international convergence. Excess investment flows from rich countries to poor countries while excess labor flows from poor countries to rich...
American companies have no monopoly on avoiding taxes. British companies are also paying less in tax while reporting record profits. And American firms operating in Britain happen to be some...
Over the past thirty years we've been brainwashed to believe that corporations should serve only themselves. We have come to accept that they have no responsibilities to anyone other than...
Some of today's most greedy are running giant multinational corporations. Some are just running their mouths. Their stories remind us just how much needs to change, economically and politically, in...
Medicare is broken. Medicare spending is out of control. Medicare will go bankrupt in 2024. If we don't act soon, Medicare will bankrupt the entire country. Wrong, wrong, wrong, and...
The political friends of America's rich aren't aiming to convince us that higher taxes on the nation's highest incomes make no sense. They're just hoping to keep us distracted. By...
