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Bad News for Billionaires -- and a Chihuahua or Two

Progressives in the U.S. Senate have introduced a potent package of estate tax reforms that would, if enacted, start seriously trimming America's most super-sized hoards of private wealth. Back a hundred summers ago in 1910, former President Theodore Roosevelt —...

They Get Rich, We Get Ho-Hum Gadgets

Our economy would become the world’s most innovative, our elites have assured us over the past 30 years, if we gave our rich enough incentives to innovate. We kept to our end of the bargain. So where’s the innovation? The pollsters at Gallup have never asked Americans...

A Painless Fix for America's Budget Squeeze

An emergency 1 percent 'wealth tax' on the nation's richest 1 percent could raise enough revenue to keep all our teachers on the job and libraries open. But our dysfunctional political system can't even raise that possibility. Last year may have been the worst year,...

A New Front in the Income Inequality Wars?

Britain's new Conservative Party prime minister has an idea for ending pay excess in the public sector. Should overpaid execs in the private sector — in the United States — now be starting to shudder? Conservatives politicians have always enjoyed bashing...

Must Congress Always Cave at Crunch Time?

With millions of Americans out of work and hurting, lawmakers who claim they worry about budget deficits spent last week forcing 'compromises' that will save hedge fund kingpins billions in taxes. You want to lead a charmed existence? Just start up your own private...

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