Economy

A millionaire explains why he wants to pay more taxes
realnews.today
Middle-class voters are in agreement with a surprising group of people: millionaires. Since 2010, a group called Patriotic Millionaires has fought for the closure of a number of tax loopholes and workarounds that allow people like them to pay less while t ...[Read more]
0
Like
Save
€˜Moral crisis:Gates, Buffett & Bezos richer than poorest half of America combined
realnews.today
The three richest people in the United States – Bill Gates, Jeff Bezos, and Warren Buffett – have a total wealth that exceeds the savings of America’s poorest 160 million, a new study shows. The three billionaires are sitting on a combined $248.5 b ...[Read more]
0
Like
Save
Paradise Papers leak reveals secrets of the world elite’s hidden wealth
realnews.today
The world’s biggest businesses, heads of state and global figures in politics, entertainment and sport who have sheltered their wealth in secretive tax havens are being revealed this week in a major new investigation into Britain’s offshore empires. T ...[Read more]
0
Like
Save
Republican Plan Delivers Permanent Corporate Tax Cut
realnews.today
Republican lawmakers unveiled a sweeping rewrite of the tax code on Thursday, outlining a $1.5 trillion plan that will deliver a significant tax cut for corporations and more modest savings for middle-class families while tilting the United States closer, ...[Read more]
0
Like
Save
Politicians from both right and left could learn from the Nordic countries
realnews.today
The four main Nordics—Sweden, Denmark, Norway and Finland—are doing rather well. If you had to be reborn anywhere in the world as a person with average talents and income, you would want to be a Viking. The Nordics cluster at the top of league tables ...[Read more]
0
Like
Save
Ronald Reagan and The Great Social Security Heist
realnews.today
With the help of Alan Greenspan, Reagan pulled off one of the greatest frauds ever perpetrated against the American people. It is so ironic that many people, today, still believe that Ronald Reagan came galloping up on a great white horse to sound the ...[Read more]
0
Like
Save
Bernie Sanders backs millionaire tax to fix New York subway
realnews.today
New York City Mayor Bill de Blasio's fight for a "millionaires' tax" to help repair the country's largest subway system got a boost as U.S. Senator Bernie Sanders, one of the nation's most popular politicians, endorsed the plan on Monday. “What the mayo ...[Read more]
0
Like
Save
Bernie Sanders awed by Canadian health care
realnews.today
U.S. senator and former presidential candidate Bernie Sanders says Americans have much to learn from health systems outside their borders, including Canada’s. “We do not in the United States do a good job in looking around the rest of the world and as ...[Read more]
0
Like
Save
Slouching Towards Neofeudalism
realnews.today
eofeudalism is a concept in which government policies are designed to systematically increase the wealth gap between rich and poor while increasing the power of the rich over the poor. It’s a party-neutral idea. There is no cabal pushing the plan, merel ...[Read more]
0
Like
Save
Trump Tax Reform Tilts Tax Code to Favor the Rich
realnews.today
If this Trump tax plan passes, Americans making $60,000 will still be paying over four times more of their income in payroll taxes than Americans who make $1 million... How much did your paychecks total last year? You know the answer, of course. So does t ...[Read more]
0
Like
Save
Government Study Confirms $7.25 Minimum Wage Is Poverty Trap for Millions of Americans
realnews.today
Bolstering arguments that the minimum wage in the United States is a "starvation wage" that must be lifted, a new study by the Government Accountability Office (GAO) found that millions of families with a worker earning the federal minimum or just above i ...[Read more]
0
Like
Save
Fatal error: Exception thrown without a stack frame in Unknown on line 0