onepercent

€˜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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House Republicans claim an annual salary of $450,000 is middle class
That's rich! Republicans suddenly believe that one percenters are barely struggling to be in the middle class, party officials revealed. On Thursday, House Republicans issued a fact sheet about their new tax cut plan that referred to Americans earning $45 ...[Read more]
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Bernie Sanders backs millionaire tax to fix New York subway
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]
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Slouching Towards Neofeudalism
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]
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Trump Tax Reform Tilts Tax Code to Favor the Rich
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]
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