inequality

America’s War on America
The vultures have started circling. In a sane world, legislation that adds $1.5 trillion to America’s debt (already over $20 trillion and rising by the second) would not be celebrated as “just what the country needs to get growing again.” Yet here w ...[Read more]
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House Tax Bill Is Littered With Loopholes for Wall Street’s Wealthiest
Lawmakers who sped a bill through the U.S. House last week may have handed a few more goodies to Wall Street’s wealthiest than they realize. Investors in billion-dollar hedge funds might be able to take advantage of a new, lower tax rate touted as a bre ...[Read more]
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Four million young people were homeless last year. Four million.
Nearly 4.2 million kids and young adults without a parent or guardian are homeless across the United States over the course of a year. A new study from the University of Chicago revealed the startling statistic this week, focused specifically on homeless ...[Read more]
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A millionaire explains why he wants to pay more taxes
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]
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House Approves $700B Cash Cow for Weapons Companies €”But Single Payer Too Expensive
In a bipartisan show of support for endless war and out-of-control military spending, the House of Representatives on Tuesday overwhelmingly approved the nearly $700 billion National Defense Authorization Act of 2018 that aims to boost war outlays by $80 ...[Read more]
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GOP Tax Bill Would Trigger $25 Billion in Cuts to Medicare, Warns CBO
Progressives on Tuesday urged Trump critics to voice their opposition to the tax bill that House Republicans are hoping to push through, after the Congressional Budget Office (CBO) reported that the legislation could put billions of dollars in Medicare sp ...[Read more]
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Resort Tycoon Says He’s Ordered Dem Leaders To Adopt Pro-Billionaire Platform
There’ve been a lot of important revelations in the last week, but one of the most significant has gone obscenely under-reported in the shuffle. In a recent interview with MSNBC’s Stephanie Ruhle, timeshare tycoon and top Democratic party donor Steph ...[Read more]
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€˜Moral crisis:Gates, Buffett & Bezos richer than poorest half of America combined
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]
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In Silicon Valley, the homeless illustrate a growing divide
MOUNTAIN VIEW, Calif. (AP) - In the same affluent, suburban city where Google built its headquarters, Tes Saldana lives in a crowded but tidy camper she parks on the street. She concedes it's "not a very nice living situation," but it also is not unusual. ...[Read more]
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Bernie Sanders warns of international oligarchy after Paradise Papers leak
Bernie Sanders has warned that the world is rapidly becoming an “international oligarchy” controlled by a tiny number of billionaires, highlighted by the revelations in the Paradise Papers. In a statement to the Guardian in the wake of the massive lea ...[Read more]
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Paradise Papers leak reveals secrets of the world elite’s hidden wealth
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]
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