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A Revolutionary Idea To Close The Racial Wealth Divide

A Revolutionary Idea To Close The Racial Wealth Divide

The gap between America’s ultra-wealthy and the rest of us is growing dramatically as wealth continues to concentrate at the top at the expense of the rest of us. One major symptom of this economic rift is the racial wealth divide, which is greater today than it was...

How Big Corporations Take Your Tax Dollars

How Big Corporations Take Your Tax Dollars

Yeah, yeah, yeah, Bernie Sanders, castigator of the one percent, is a millionaire now. So are Kamala Harris and Elizabeth Warren. Big whoop. There’s a crucial difference between these candidates seeking the Democratic presidential nomination and the super wealthy –...

America Needs a Public Credit Registry

America Needs a Public Credit Registry

For many Americans, the words “bad credit” are like the sound of a closing door. That’s because there’s a deeply harmful, but seldom-spoken, truth about credit reporting: It ruins lives, and crushes hopes. When private companies gather data on our borrowing history...

Reaching Critical Mass On Taxing The Rich

Reaching Critical Mass On Taxing The Rich

Serious societal change typically only takes place when the pressure for change hits “critical mass.” At one level, we’ve had critical mass for years now on seriously taxing America’s rich. Polls regularly show broad public support for having our wealthiest pay quite...

A ‘Buyback’ for Our Future?

A ‘Buyback’ for Our Future?

The dollars top corporate execs are plowing into “buybacks” of their own stock could, if invested elsewhere, help significantly share the wealth the modern American economy creates. Imagine how much brighter our future would be now if the over $5 trillion that S&P 500 corporations have spent on buybacks since 2007 had gone instead to paying higher wages or training workers in new skills or making corporate operations more eco-friendly.

Trump Hates Farmers

Trump Hates Farmers

Have you noticed how often Donald Trump prefaces his comments and tweets with phrases like “frankly,” “to tell the truth,” and “believe me”? More than a verbal tic, these qualifiers subliminally admit that being frank, truthful, and believable are not normal for him....

Moneyball in a Deeply Unequal Age

Star baseball outfielder Mike Trout has just signed the biggest pay deal in pro sports history, and no one may be happier than America’s staggeringly overpaid CEOs. Corporate chiefs — and those who sing their praises — simply love to see big paydays for big-time athletes. Every million a ballplayer makes seems to give top execs and their cheerleaders still another justification, another excuse, for stratospheric CEO pay.

Small Businesses Need Paid Family and Medical Leave

  Ten years ago, my husband and I opened a specialty oil and vinegar shop. Early on, we learned that our store would be only as good as the people who work in it. To invest in our employees is to invest in our business. Now we employ five people. One of our most...

Bring Back Eisenhower Socialism

Anytime a politician proposes a wildly popular idea that helps ordinary people, a few grumpy conservatives will call them “socialists.” Propose to reduce college debt, help sick families, or ensure the super-rich pay their fair share of taxes —...

Putting Billionaires in Their Place

A good chunk of the American people, our super rich now understand, would rather billionaires not exist. Our more pugnacious plutocrats have greeted this growing anti-billionaire perspective with predictable right-wing scorn. But some daring conservatives are using the successes of Scandinavian nations — egalitarian pace-setters like Sweden and Norway —to rationalize grand private fortunes. These nations, they point out, actually have more billionaires per capita than the United States. How can that be? The story behind the numbers.

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