Just 40 years ago, most Americans rubbed elbows with neighbors from a fairly wide cross-section of income levels. But today’s rich, Census data show, are keeping everyone else at arm’s length — and more.
Another super-slick global financial analysis firm has just tallied how much net worth is sloshing around in the...
The defenders of privilege just don’t seem to get it. In truly decent societies we measure success by how many people are leading rich, fulfilling lives, not by counting how many people are becoming rich beyond measure.
The power suits who run America’s biggest corporations, a new Citizens for Tax Justice report shows, are sidestepping about half the taxes our basic tax code says they ought to be paying.
Twenty-five years ago, on October 22, 1986, legions of Washington wonks and lawmakers thought they had accomplished just that. Media heavyweights agreed, and so did President Ronald Reagan. He signed into law that day legislation that pundits immediately branded the “landmark” Tax Reform Act of 1986.