Only in America, new stats from the Swiss banking giant Credit Suisse show, could packing an incoming administration with gazillionaires be so easy.
The trendy surge in tiny housing offers the rich a chance to become even richer, at everyone else’s expense. A look at the squeezed world of micro housing.
Billionaire banker Jamie Dimon announces a wage hike and says he’s fighting inequality. If we take him seriously, the joke — and much worse — will be on us.
America’s next secretary of commerce may be a private equity kingpin who owes his ample fortune to a career of manipulating the misfortune of America’s workers.
Could the resounding Election Day victory of a state tax initiative signal an impending surge for a new national egalitarian politics? We have some promising signs.
“The U.S. economy grew most quickly when taxes on the wealthy were at their highest, not their lowest. During the 1960s, the only decade in which the annual growth rate averaged 4 percent, the top estate tax rate was 77 percent throughout the decade and the top income tax rate was as a high as 91 percent and never lower than 70 percent.”
John Miller, Taxing the Wealthy and the Art of Sophistry, Dollars & Sense, November/December 2016
The United States currently hosts 153 billionaires too poor to make it into the annual Forbes list of the nation’s richest 400.
Too Much editor Sam Pizzigati’s history of the forgotten triumph over America’s original plutocracy that created the American middle class.
This American Library Association “outstanding title” of the year explores the price we pay for massive inequality. Now available for reading online.
Back in the 1930s, a University of Chicago project set out to list western civilization’s greatest books. Only one book by a living author, this one, made the cut.
Do the corporate chiefs now parading into the new Trump administration see the United States as just another enterprise — to fleece? A look at the Trump picks and a previous big-time CEO who did cabinet service.