For Every Buck a Billionaire Gives to Charity, You Chip in Up to 74 Cents
The wealthier the donor, the bigger the taxpayer subsidy.
Blogging Our Great Divide
New developments on the inequality front? Our Institute for Policy Studies Inequality.org editorial team tracks them here.
Wall Street
If the Minimum Wage Had Increased as Much as Wall Street Bonuses Since 1985, It Would Be Worth $44 Today
A Senator Against CEOs Making Over 50 Times What Workers Make Now Has a Gavel
And that senator is using his gavel to boost a bill that ups taxes on firms that pay execs outrageously more than their workers.
No, The Rich Are Not Paying Their Fair Share
The share of the nation’s wealth pie owned by the richest 0.01 percent has quadrupled over the last 70 years. Their percent of the total tax obligation has stayed the same. What’s wrong with this picture?
How the CEO-Worker Pay Gap Deepens Income and Wealth Inequality
While working families are suffering under the pandemic, corporate boards have bent the rules to protect massive CEO paychecks.
Did America’s Greediest Corporation Just Become Greedier?
Recently added to the Walmart governing board: still another expert in enriching top execs at worker and taxpayer expense.
The Simple Rules of Wealth Inequality
The rich won’t be paying their fair share of taxes as long as our tax system speeds wealth’s concentration.
Billionaire Wealth Gains Could Pay for Two-Thirds of Covid Relief Bill
America’s wealthiest 657 billionaires stand $1.3 trillion richer than they were last March.
Biden’s Relief Package Is a Huge Step Forward for Workers
One of the largest anti-poverty programs ever passed will also save worker pensions throughout the country.
Frist Family Leads Pandemic Profiteer Parade in Health Sector
For-profit hospital billionaire owners see wealth increase by $8.1 billion since March 2020
Why the Amazon Worker Vote in Bessemer Means So Much
Unions don’t just raise worker wages. They help flatten grand private plutocratic fortunes.