by Sam Pizzigati | May 16, 2010 | Blog
Friends of the financially fortunate are trying to turn reality upside-down — and save our undertaxed rich mega billions in the process. But two new sets of data can help us set the record straight. Taxes on the wealthy in the United States run low. Many wealthy...
by Sam Pizzigati | May 11, 2010 | Blog, Economy
In 2010 America, schools, students, and teachers share the budget-cutting pain. The heirs to our mega rich, meanwhile, don't have to share anything. For the first time in nearly a century, we have no federal estate tax. A moment of silence, please, for Dan Duncan. The...
by Sam Pizzigati | May 2, 2010 | Blog
What happens to societies that don’t share the wealth? They spend — and waste — a fortune guarding it. The latest over-the-top example: Oracle has spent $4.6 million on “residential security” for billionaire CEO Larry Ellison. The Great...
by Sam Pizzigati | Apr 27, 2010 | Blog
The Great Recession, new research shows, has left wealth in the United States even more concentrated at America's economic summit. Average American households have been riding an economic roller coaster over the last quarter century. The stock market has boomed and...
by Sam Pizzigati | Apr 25, 2010 | Blog
Some Americans get all bent out of shape when they hear someone label the United States a 'plutocracy.' But if we have an honest-to-goodness democracy, where the people really rule, then how can we explain Goldman Sachs? The outsized political role of Goldman Sachs,...
