So Much Tax Evasion, So Little Accountability
Over two years ago, the IRS announced an ambitious new effort to subject the super rich to unprecedentedly intensive audits. How's that effort working out? Most lawmakers would rather you...
Articles
The Pothole in Our Political Psyche
The more wealth concentrates, the more feeble a society’s investing in infrastructure.
Setting the Record Straight on Tax Burdens
A new report looks at all the taxes Americans pay, from income to property and sales taxes. Do the rich bear a heavier tax load? Yes, but just barely. Turn...
Why the Jobless Recovery?
Ever since the sharp recessions of the early Reagan years, each new expansion has yielded fewer and fewer jobs. A recession is bad enough for most people. A jobless recovery...
In a Crackpot Economy, Endless Jackpots
At what point will our world wake up to the fantastically rewarding scam that our hedge fund masters of the universe have been running? No single individual in the United...
When Did America Give Up on Progress?
Once upon a time, America was always getting better. It was never perfect, but it was always improving itself. The ideal -- and usually the reality too -- was progress....
The 99 Percent Spring
The people aren't powerless in the face of extreme inequality. In the coming weeks, millions of Americans will take to the streets as part of the "99 percent spring," echoing...
Another Homerun for the Walloping Wealthy
Behind last week’s record-smashing $2 billion sale of the Los Angeles Dodgers, a global economy that’s enriching only the world’s super rich. By Sam Pizzigati The Los Angeles Dodgers didn’t...
The Invisible Recession: How Forty Years of Stagnant Incomes Got Lost in the Shuffle
The recession is over. The US economy has been growing since July, 2009. In the final quarter of 2011 it grew at a 3% annual pace. Personal spending is up. ...
In Corporate America, Why Greed’s Never Good
On the eve of the release of the annual CEO pay survey reports, a look at the causes and consequences of chief executive pay spirals. By Salvatore Babones Why are...
Is Our Health Care Debate Just a Sideshow?
We obsess over health care in the United States, because we all want to be healthy. In the process, new evidence suggests, we're ignoring the social dynamics that actually determine...
Austerity is not the Answer; Employment is the Answer
In Greece the unemployment rate is 20%. In Spain it's 23%. In Portugal and Ireland the unemployment rate is 15%. Things in Europe are starting to look as bad as...