How Wall Street Financial Fees Choke Our Cities
When a city is forced to spend more on Wall Street fees than on basic public services, it is the...
When a city is forced to spend more on Wall Street fees than on basic public services, it is the...
by onepercenttakers · Published May 10, 2014 · Last modified November 27, 2015
The United States offers three kinds of subsidies to tycoons with private jets: accelerated tax write-offs, avoidance of personal taxes...
Politics / Richest One Percent
by onepercenttakers · Published May 9, 2014 · Last modified November 27, 2015
The Koch brothers’ main political arm intends to spend more than $125 million this year on an aggressive ground, air...
When you think of the term “public pension fund,” you probably imagine hyper-cautious investment strategies kept in check by no-nonsense...
Politics / Richest One Percent
by onepercenttakers · Published May 8, 2014 · Last modified November 27, 2015
A new study that will appear in the fall 2014 issue of Perspectives on Politics concludes that the United States...
CEOs / Fighting Back / Wall Street
by onepercenttakers · Published May 8, 2014 · Last modified September 3, 2014
The salary of McDonald’s CEO Donald Thompson should be slashed by the company’s Board of Directors due to the chain’s...
by onepercenttakers · Published May 7, 2014 · Last modified September 3, 2014
Studies have shown a significant correlation between monies spent and the outcome of elections. While there are still instances where...
CEOs / Inequality / Workers
by onepercenttakers · Published May 6, 2014 · Last modified September 3, 2014
A good many Americans now know the high-finance games that JPMorgan Chase and other big banks like to play —...
Corporations / Environment / Fighting Back
by onepercenttakers · Published May 6, 2014 · Last modified September 3, 2014
Environmentalists are planning to take billionaires Charles and David Koch to court, alleging the brothers’ companies are responsible for polluting...
by onepercenttakers · Published May 5, 2014 · Last modified September 3, 2014
The chase after ever cheaper sites for manufacturing is causing rising inequality, low-wage misery, and unsafe workplaces in many parts...
Here’s a startling fact that illustrates how income inequality is changing the U.S.: The top 1 percent of Americans now...
Inequality / Richest One Percent / Workers
by onepercenttakers · Published May 5, 2014 · Last modified November 27, 2015
Today’s super rich engorge themselves on federal dollars and evade billions in taxes while ordinary Americans work themselves to the...
In his most recent piece for the New York Times, celebrated economist Paul Krugman ponders the ways his chosen field...
Betterment / Fighting Back / Workers
by onepercenttakers · Published May 3, 2014 · Last modified September 3, 2014
The dramatic progress of the movement to make the minimum wage a living wage was highlighted on May Day when...
by onepercenttakers · Published May 3, 2014 · Last modified November 27, 2015
The Koch-backed, right-wing lobbying group, ALEC, is planning a coordinated attack on the EPA’s plan to limit carbon emissions from...
CEOs / Inequality / Workers
by onepercenttakers · Published May 2, 2014 · Last modified September 4, 2014
The link between income inequality and economic instability has drawn renewed attention from economists, policy makers, global financial institutions, media,...
Environment / Richest One Percent
by onepercenttakers · Published May 1, 2014 · Last modified November 27, 2015
At long last, the Koch brothers and their conservative allies in state government have found a new tax they can...
You’ve probably heard of the billionaire Koch Brothers by now, and their sinister push to distort our democracy. But you...
by onepercenttakers · Published May 1, 2014 · Last modified November 27, 2015
An oligarchy, Webster’s dictionary tells us, is “a form of government in which the ruling power belongs to a few...
by onepercenttakers · Published April 30, 2014 · Last modified November 27, 2015
Racist rancher and welfare cowboy Cliven Bundy got some help from an unexpected quarter over the weekend, as a far...
Banks / Courts / Fighting Back
by onepercenttakers · Published April 29, 2014 · Last modified September 4, 2014
LOS ANGELES (AP) — The Los Angeles city attorney is suing Bank of America for mortgage discrimination it claims led...
There’s another reason to get upset when CEOs make millions: Taxpayers are subsidizing some of this wealth.
by onepercenttakers · Published April 26, 2014 · Last modified November 27, 2015
RadiumOne CEO Gurbaksh Chahal pleaded guilty to misdemeanor domestic violence and battery charges last week, dodging 45 felony counts for...
The American middle class, long the most affluent in the world, has lost that distinction. While the wealthiest Americans are...
Inequality / Richest One Percent
by onepercenttakers · Published April 24, 2014 · Last modified November 27, 2015
WASHINGTON — The top 10 percent of earners took more than half of the country’s total income in 2012, the...
Corporations / Fighting Back / Taxes
by onepercenttakers · Published April 24, 2014 · Last modified September 4, 2014
Protesters dressed up as Apple Store employees in telltale blue t-shirts marched in front of the Union Square store Tuesday...
A beginning elementary school teacher in a small district in California makes around $40,000 per year. That’s 2 or 3...
Environment / Richest One Percent
by onepercenttakers · Published April 24, 2014 · Last modified November 27, 2015
Citizens across the U.S. are attempting to break free of the fossil fuel industry and do what state and federal...
Inequality / Richest One Percent
by onepercenttakers · Published April 24, 2014 · Last modified November 27, 2015
The evidence of income inequality just keeps mounting. According to “Working for the Few,” a recent briefing paper from Oxfam,...
Budget / Richest One Percent / Taxes
by onepercenttakers · Published April 24, 2014 · Last modified November 27, 2015
The claim that America is riven by class conflict may come as a surprise to people who like to think...
by onepercenttakers · Published April 24, 2014 · Last modified November 27, 2015
Since Ronald Reagan’s “supply-side” tax cuts for the rich – followed by other giveaways like eliminating the “death tax” so...
by onepercenttakers · Published April 23, 2014 · Last modified September 4, 2014
WASHINGTON — Eight million Americans are insured through the Affordable Care Act’s exchanges, President Barack Obama announced Thursday. Wendy TwarDokus...
by onepercenttakers · Published April 23, 2014 · Last modified November 27, 2015
April 15, Washington – As hardworking Americans file their taxes today, it’s a good time to be reminded that ordinary...
by onepercenttakers · Published April 23, 2014 · Last modified November 27, 2015
At 79, Graef “Bud” Crystal is the grand old man of executive compensation critics. Once a top compensation consultant, he...
Environment / Politics / Richest One Percent
by onepercenttakers · Published April 22, 2014 · Last modified November 27, 2015
A bill designed to repeal Kansas’ clean energy law is moving quickly through the state legislature this week — an...
by onepercenttakers · Published April 22, 2014 · Last modified November 27, 2015
When we had heavily regulated and taxed capitalism in the post-war era, the largest employer in America was General Motors,...
by onepercenttakers · Published April 21, 2014 · Last modified November 27, 2015
Retired Justice John Paul Stevens is taking aim at the Supreme Court’s recent 5-4 decision to eliminate the limit on...
From Fox News’ Hannity special, “The Power of Faith”.
by onepercenttakers · Published April 19, 2014 · Last modified November 27, 2015
A new study from Princeton spells bad news for American democracy—namely, that it no longer exists.
by onepercenttakers · Published April 19, 2014 · Last modified November 27, 2015
Extreme inequality, it turns out, creates a class of people who are alarmingly detached from reality — and simultaneously gives...
The New York Times reported Friday that Jamie Dimon, the silver-haired CEO of JPMorgan Chase, the nation’s largest bank by...
by onepercenttakers · Published April 17, 2014 · Last modified November 27, 2015
Charles and David Koch hit a milestone on Wednesday, as a $1.3 billion boost to their collective fortune sent their...
by onepercenttakers · Published April 17, 2014 · Last modified September 5, 2014
Twenty-six of the most powerful American corporations – such as Boeing, General Electric, and Verizon – paid no federal income...
by onepercenttakers · Published April 17, 2014 · Last modified September 5, 2014
In an op-ed published by the Christian Post, Phyllis Schlafly — the founder of the Eagle Forum — maintained that...
by onepercenttakers · Published April 16, 2014 · Last modified September 7, 2014
Robert Reich has a special Tax Day message, explaining why the wealthiest 1% pay a much lower tax rate than...
Betterment / Fighting Back / Politics
by onepercenttakers · Published April 16, 2014 · Last modified September 5, 2014
Maryland’s minimum wage will rise to $10.10 over the next four years under a bill passed Monday night. Gov. Martin...
"Ronald Reagan's theory was really 'trickle down' economics...and renamed 'supply side.' Cut tax rates for the wealthy; everyone else will benefit. As Reagan's budget director David Stockman confided at the time, the supply-side rhetoric 'was always a Trojan horse to bring down the top rate.'" —The Gipper's Economy. To see how the Trickle Down Con was sold to the public click here.