All sorts of federal agencies publish income inequality data. But only the nonpartisan Congressional Budget Office directly takes on America’s income inequality deniers . . . Why economic gaps really matter . . . The sweet life of corporate directors.
Exactly a quarter-century ago, America’s punditocracy proclaimed victory in the struggle against tax complexity and unfairness. The rich applauded right along. We should have been suspicious . . . Should we want the ultra rich as neighbors? . . . A new global wealth breakdown from Credit Suisse researchers.
Students of modest means must pay a stiff price to build their capacity to contribute to society — and pay interest if they can’t afford that price. A wealth tax could apply this same principle to America’s rich . . . Business school researchers say equality nurtures business enterprise creativity . . . CEO severance: the whopping national bill.
One luxury automaker is betting big that America’s affluent feel no responsibility to the greater society crumbling all around them . . . How corporations built to loot lobby to win . . . The hot new safe haven for the global ultra wealthy.
Pundits and politicians love to righteously denounce the windfall rewards that go to corporate CEOs who “fail.” But windfalls for CEOs who “perform,” researchers suggest, ought to worry us far more . . . Are corporate boards wising up on perks?
Can democracy, one top political scientist asked last week, “function effectively in a society marked by vast economic inequality”? The fate of the modest new White House bid to tax our rich may tell the tale . . . The new Forbes 400 and their $1.5 trillion.
The Census won’t count it. The IRS won’t tax it, at anywhere near full freight. What is it? It’s enough, all by itself, to keep grand fortunes constantly soaring . . . The IMF and inequality . . . The U.S. income gap between households at the top of the poor and the bottom of the wealthy.
Not all plutocrats scheme in the shadows like the rabidly right-wing Koch brothers. We need to learn how to recognize plutocracy’s more subtle putches. The best primer? The battle over education’s future . . . Comparing income growth, at the average and at the top, in the United States and France.
A new report from the Institute for Policy Studies documents how America’s top corporate execs are stiffing Uncle Sam — and lavishly lining their own pockets in the process . . . The CEO-worker pay ratio: a rising gap again.
Forty years ago, U.S. corporate honchos saw their power ebbing away — to a ragtag mob of long-hairs and loony social reformers. So they did what corporate honchos always do. They asked for a memo . . . A review of the latest welcome economic wisdom from Arthur MacEwan and John Miller . . . Some illustrious French rich echo Warren Buffett.