by Diane Archer | Feb 12, 2015 | Blog, Retirement Security
Most people pay a Social Security tax of 6.2 percent on their income throughout the year, on every dollar they earn. But the top 1 percent of working Americans are only taxed during the first six weeks of the year, on a small portion of what they earn. They pay the...
by Richard Eskow | Feb 12, 2015 | Blog, Retirement Security
Nine out of ten Americans have fallen behind financially as the well-to-do – especially the ultra-wealthy – capture an ever-increasing chunk of our national income. This inequality threatens the entire economy's future growth and stability. But whenever someone offers...
by Dave Johnson | Feb 11, 2015 | Blog, Trade
[fve]http://youtu.be/sfxMRWVJcrs[/fve] On Sunday I was the speaker on a regular Sunday call for the National Campaign Call to Stop Fast Track for the TPP. (TPP stands for Trans-Pacific Partnership, a NAFTA-style trade deal that is being negotiated in secret right...
by Bill Scher | Feb 11, 2015 | Blog
Tom Edsall at the New York Times argues that the Democrats should be worried because of "how far the Republican Party has traveled since issuing its self-critical post-2012 election report warning loyalists to stay off 'scary' issues." He notes that the "Republican...
by Dave Johnson | Feb 11, 2015 | Blog, Conservatism, Economy
Silicon Valley companies dodge taxes and use some of the money to build shiny, luxurious, and private bus lines for their employees. The rest of us are — literally — stuck, because the tax scams these companies engage in have de-funded our — We the People's — ability...
by Sam Pizzigati | Feb 10, 2015 | Blog, Economy
CEOs would never bet against their own companies, would they? CEOs get paid, after all, multiple millions to make sure their companies succeed. Why would they ever put their money on their own companies failing? The quick answer: to make sure those millions keep...