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Why We Tax: A Timely Reminder for Tax Day

Media darling Rand Paul is doing his best to end progressive taxation in America. Randolph Paul, over a half-century ago, helped make progressive taxation a prime building block for America’s middle class golden age. To stop politicos like Rand, we need to remember...
Some Bailouts Seldom Ever Get Noticed

Some Bailouts Seldom Ever Get Noticed

All across Corporate America, top execs are feathering their own nests at the expense of their workers. The French have a better idea. The founder of modern management science, Peter Drucker, considered excessive executive pay an assault on good enterprise management...

Why Aren't More of Us Protesting Inequality?

Egalitarian-minded academics have just subjected a central political question of our time to some rigorous research scrutiny. Billionaire Warren Buffett is still paying taxes at a lower rate than his secretary. Starbucks CEO Howard Schultz last year collected $117.5...

Once Upon a Time, Corporations Paid Taxes

The current European revolt against CEO greed, if successful, might leave Corporate Europe looking just like Corporate America — in the 1950s. In America today, the New York Times reports, we’re living in “a golden age” — for corporate profits. These earnings have...

Brazilian and U.S. Inequality: The Shrinking Gap

Luxury fortresses. Armored cars. Helicopter commutes. The abominably unequal 'good life' may be closer than you think. Meanwhile, in South Africa . . . A dozen years ago, Brazil ranked as the world’s most unequal major nation. Brazil’s most affluent 10 percent were...

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