The year 2020 has caused many white people to realize we live in a racist system. The Green New Deal is about systemic change for all, and deconstructing racism must be front and central in this agenda.
income inequality
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Act Out! [137] - 400+ Reasons to Eat the Rich & Why NAFTA Can’t Be Saved
This week on Act Out!, tempting though it may be to ignore all things real and political for the next few days, hiding behind cranberry sauce and turkey legs won't change the ever-widening and gaping abyss before us.
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Why We Need to Confront the Billionaires’ Paradise
Did your net worth grow by 17 percent last year? Unless you’re one of the world’s 1,542 billionaires, chances are it didn’t.
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In U.K. Welfare Overhaul, Many Worry Universal Credit Will Devastate Poor Families
“The government is in denial about the reality of severe deprivation in the U.K.," says Simon Duffy of the Centre for Welfare Reform, and "any delays in income will push many people who are already living in poverty and debt into extreme distress.”
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An Independent Thinker’s Guide to the Tax Debate
For 40 years, tax cutters in Congress have told us, “we have a tax cut for you.” In exchange, we’ve gotten staggering inequality, collapsing public infrastructure, a fraying safety net, and exploding deficits – as the richest tenth of 1% get richer.
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What Does a Progressive Economy Look Like and How Do We Get There?
If laws governing taxes, trade, wages, union organizing and government spending on healthcare and welfare can be changed to favor capital, they can be changed back to favor ordinary people.
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To Address Inequality, Let’s Take on Monopolies
Our team is dedicated to investigating and publicizing the radical concentrations of wealth, and power, that are responsible for creating much of today's extreme inequality.
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New Data on Tax Havens and Income Reveal America’s Great Divide
The incomes of America’s affluent are pulling away from the rest of the nation, as households in the top 5 percent saw their incomes in 2016 increase over twice as fast as households in the bottom 20 percent.
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Robert Reich: The Growing Danger of Dynastic Wealth
The estate tax applies only to estates over $11 million per couple – and wealthy families stash away dollars above this into “dynastic” trust funds that escape additional taxes. Now Trump and Republican leaders plan to cut or eliminate the tax altogether.
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The Racial Wealth Gap Is Leading To An Almost-Nonexistent Middle Class
A new study finds that if the racial wealth divide is left unaddressed, the median wealth for black Americans will fall to $0 by 2053, with Latino Americans reaching the same median wealth two decades later.
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More Evidence That Inequality Is Spiraling Out of Control
Inequality is much worse than we’re led to believe by a dismissive business media. The numbers are hellish, and they’re growing.
