S&P: Wealth Gap is Slowing US Economic Growth
WASHINGTON (AP) — Economists have long argued that a rising wealth gap has complicated the U.S. rebound from the Great...
Author: onepercenttakers
Inside Our Profoundly Unequal ‘New Normal’
The Commerce Department released some revised figures on America’s economy last week. Previous numbers, Commerce researchers noted, had overestimated the...
House Republicans Pass Bill to Lower Taxes on the Rich and Raise Taxes on the Poor
So what are Republicans in the House of Representatives up to these days? According to Danny Vinik, they just passed...
ALEC Agenda: Medicaid, Schools, and Exporting Our Gas
ALEC holds its 41st annual meeting in Dallas, Texas starting on Wednesday, July 30, 2014. At this largest of its...
This Congressman Tried to Live on the Minimum Wage
(CNN) — Raising the minimum wage continues to be a top Democratic economic priority, insisting that higher pay is critical...
Paul Ryan’s New Poverty Proposal Would Have Government Micromanage Poor People’s Lives
On Thursday, Rep. Paul Ryan (R-WI) released his much-anticipated proposal for reforming the way the federal government tries to alleviate...
Koch Political Universe Vaster Than Previously Known
Newly-obtained documents show that the billionaire Koch brothers’ political giving is much more expansive than has previously been known. In...
ALEC Attacks Americans Who Use Solar
As the American Legislative Exchange Council (ALEC) prepares to meet in Dallas this week, the Center for Media and Democracy...
Labor Board Delivers Victory for Low-Wage McDonald’s Workers
In a ruling being hailed by union groups and wage rights advocates, the National Labor Relations Board (NLRB) found Tuesday...
Rand Paul Flubs the Facts on the Minimum Wage
Sen. Rand Paul (R-Ky.) says the minimum wage, like Trix, is for kids. Speaking in San Francisco over the weekend,...
Jon Stewart Explains The Most Outrageous Corporate Tax Dodge Yet
It’s the corporate tax loophole that could be costing you billions. American companies are quietly changing their paperwork to make...
Billionaire Blasts Companies That Jump Overseas To Duck Taxes: ‘I’m Selling Your Stock’
As more and more American corporations have used mergers and shell companies to shift profits and shrink their U.S. tax...
Lavish CEO Pay Has Virtually Nothing To Do With How Well A Company Performs
CEOs like to justify their sky-high pay by saying it rewards their work in steering companies toward better performance. But...
Big Oil Threatens Maine City After Tar Sands Export Ban
Big Oil has always been a bad, bad loser. And it is therefore no surprise that it has threatened to...
The Bad Boss Tax: When Workers at Walmart Need Food Stamps to Survive, Should Walmart be Taxed Accordingly?
Can you name the worst job you’ve ever had? For Cliff Martin, that’s not an easy question. All three of...
Paul Krugman: Corporate Artful Dodgers
In recent decisions, the conservative majority on the Supreme Court has made clear its view that corporations are people, with...
Fast Food Workers Vow Civil Disobedience
VILLA PARK, Ill. (AP) — Comparing their campaign to the civil rights movement, fast food workers from across the country...
California Voters to Weigh-In on “Corporate Personhood”
California’s Democratic Governor Jerry Brown has permitted SB 1272, an advisory measure entitled the Overturn Citizens United Act, to appear...
States That Raised Minimum Wage Saw Faster Job Growth So Far In 2014
States with higher minimum wages saw faster job growth in the first six months of 2014 than states that have...
Senator Bernie Sanders Bill Targets ‘Corporate Deserters’
WASHINGTON – Sen. Bernie Sanders is targeting “corporate deserters” with legislation to ban businesses from receiving lucrative government contracts when...
Comedian John Oliver Explains Why “It’s Your Fault You’re Not Rich”
On Sunday’s Last Week Tonight, host and comedian John Oliver ripped into American politicians’ colossal mishandling of the US wealth...
Obamacare Has Helped Americans Save Nearly $2 Billion On Their Insurance Premiums
Millions of Americans can expect to get a refund from their insurance companies this year, at an average of about...
Paul Ryan’s Faux Populism Isn’t Going to End Poverty or Reduce Inequality
Paul Ryan’s fellow Republicans are quick to dismiss Elizabeth Warren as too radical, too progressive, too populist. But Ryan is...
Why Do Bankers Get Help but Not Homeowners?
It’s time to start helping the people, and stop helping Wall Street. According to an agreement announced earlier today, big...
Equal Pay for Women Would Mean a More Secure Retirement for All
The link is simple and clear: Women earn less than men in the workplace – almost $450 billion less in...
Big Business Favored by Right-Wing Supreme Court
Big business wasn’t the public focus of this year’s just-completed U.S. Supreme Court term. But the corporate lobby’s number one...
Koch-Funded Texas Gubernatorial Candidate Limits Public Chemical Disclosure After Deadly Explosion
Shortly after the anniversary of the 2013 fertilizer plant explosion that killed 15 people, wounded 226, and upended a large...
Why The Fossil Fuel Industry Hates Wind Power
Wind energy has a significant impact on wholesale prices, particularly in those peak demand events when fossil fuel generators used...
People Who Work For Tips Are Twice As Likely To Live In Poverty
People who work for tips are far more likely to live in poverty, according to a new report from the...
Meet the Banking Caucus, Wall Street’s secret weapon in Washington
Every business sector has its friends in Washington. Financial companies — from the biggest megabanks to small payday lenders —...
Restaurant CEOs Make More Money in Half a Day Than Their Employees Make in a Year
Last year, according to a new analysis from the Economic Policy Institute (EPI), the CEOs of America’s top 25 restaurant...
Senate Democrats Dare GOPers to Block Their Dark-Money Disclosure Bill
The 2014 elections are awash in dark money—and it’s only getting worse. The Koch-backed Americans for Prosperity alone plans to...
State and Local Efforts to Rein in CEO Pay
Fed up with the do-nothing Congress, people around the country are no longer waiting for Washington to lead on some...
Alan Grayson To Force Republicans On The Record On Minimum Wage
Rep. Alan Grayson (D-Fla.) proposed an amendment to a House spending bill Tuesday that would raise the minimum wage for...
Dick Cheney: Give More Money to the Pentagon, Not to Infrastructure
WASHINGTON — Former Vice President Dick Cheney said Monday that President Barack Obama is “devastating” the U.S. military and needs...
Corporate Tax Cheats Still Get Billions In Government Business
Despite supposed bans on companies that move offshore to avoid paying U.S. taxes getting federal contracts, more than a dozen...
Who Are The Protectors of Privilege? – A Congressional Report Card
Do you wonder which members of Congress routinely side with the richest 1 percent and Wall Street? Which lawmakers consistently...
A Cure for Bloated CEO Pay
Business owners usually don’t like it when their employees steal from them. For this reason is it is hard to...
Supreme Court Reveals Its Class Bias
It’s not often that social and corporate conservatives come together, but the five right-of-center justices on the Supreme Court fashioned...
National Teachers’ Union Expected To Join Staples Boycott
In an expected show of solidarity with postal employee unions, the 1.6 million-member American Federation of Teachers will vote Saturday...
Pentagon Fleeces Taxpayers with $1.5 Trillion Boondoggle
Just days before its international debut at an airshow in the United Kingdom, the entire fleet of the Pentagon’s next...
Fossil Fuel Front Groups Attack Clean Energy Policies
Fossil fuel and utility interests, concerned about the rise of cheap clean energy, are financing attacks on pro–clean energy policies,...
America’s CEOs: In a Class All by Themselves
Workers in the United States don’t make double what workers make in Japan or Switzerland. Why should U.S. CEOs routinely...
How Much Wealth Are Our Wealthiest Hiding?
How much are the mega rich hiding offshore? Independent analysts have been working to pin that figure down. The most...
States That Raised Their Minimum Wages Are Experiencing Faster Job Growth
Think a higher minimum wage is a job killer? Think again: The states that raised their minimum wages on January...
Positively Un-American Tax Dodges
Bigtime companies are moving their “headquarters” overseas to dodge billions in taxes … that means the rest of us pay...
