The Age of the Oligarchs
The chaos in Ukraine can be viewed, in part, as what happens when a collection of “oligarchs” – sometimes competing,...
by onepercenttakers · Published April 16, 2014 · Last modified November 27, 2015
The chaos in Ukraine can be viewed, in part, as what happens when a collection of “oligarchs” – sometimes competing,...
Betterment / Fighting Back / Politics
by onepercenttakers · Published April 16, 2014 · Last modified September 5, 2014
WASHINGTON (NNPA) – Civil rights groups, labor organizer and their allies are stepping up pressure on Congress to pass legislation...
by onepercenttakers · Published April 16, 2014 · Last modified September 5, 2014
One of the most hotly contested issues in the debate over raising the federal minimum wage — whether it will...
“It no longer matters who sits in the White House,” former Goldman Sachs managing director Nomi Prins writes in her...
by onepercenttakers · Published April 15, 2014 · Last modified September 6, 2014
Although they say they’re concerned about inequality, economic policymakers continue to pummel low-income families and the jobless, and that’s bad...
by onepercenttakers · Published April 15, 2014 · Last modified September 6, 2014
Almost half a million college graduates are working minimum-wage jobs, according to new government statistics.
by onepercenttakers · Published April 15, 2014 · Last modified September 6, 2014
Big players are taking unprecedented steps to stop offshore abuses, but financial crime fighters worry reforms don’t go far enough.
by onepercenttakers · Published April 15, 2014 · Last modified September 6, 2014
Hey, Corporate America, are you befuddled as to why you are widely considered the mustache-twirling villain in the tragicomedy that...
Fighting Back / Richest One Percent
by onepercenttakers · Published April 15, 2014 · Last modified November 27, 2015
Tuesday on his show “Off the Grid,” former Minnesota Gov. Jesse Ventura “called bullsh*t” on the “one percent” who are...
by onepercenttakers · Published April 15, 2014 · Last modified November 27, 2015
As a result of the disastrous Citizens United Supreme Court decision, billionaires and large corporations can now spend an unlimited...
by onepercenttakers · Published April 15, 2014 · Last modified September 6, 2014
A new poll finds that 89 percent of fast food workers nationwide say they experience wage theft.
On Wednesday, Senate Republicans unanimously voted against advancing the Paycheck Fairness Act. Forty-three voted against invoking cloture, joined by Independent...
Inequality / Richest One Percent
by onepercenttakers · Published April 15, 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...
After rejecting two previous proposals for being too generous to banks, on Friday a federal judge approved Detroit’s plan to...
Inequality / Richest One Percent / Workers
by onepercenttakers · Published April 15, 2014 · Last modified November 27, 2015
Most people know about income inequality: the gap in earnings between the 1 percent and the rest of us that...
by onepercenttakers · Published April 15, 2014 · Last modified November 27, 2015
WASHINGTON — Billions of dollars in U.S. taxes are going unpaid because Americans are exploiting Swiss bank accounts, and the...
Median CEO pay rose to $10.5 million last year at America’s largest companies, according to a USA Today analysis that...
Corporations / Fighting Back / Workers
by onepercenttakers · Published April 14, 2014 · Last modified September 6, 2014
Drivers and pizza cooks will share a $448,000 payout from 23 Domino’s Pizza franchise owners around New York state under...
by onepercenttakers · Published April 14, 2014 · Last modified November 27, 2015
An expensive tax break intended to make more Americans homeowners is instead making American homes bigger without benefiting non-rich people,...
by onepercenttakers · Published April 14, 2014 · Last modified November 27, 2015
A study, to appear in the Fall 2014 issue of the academic journal Perspectives on Politics, finds that the U.S....
by onepercenttakers · Published April 14, 2014 · Last modified September 7, 2014
Shake Shack, a burger chain with locations in Florida, New Jersey, New York, Pennsylvania, Washington, D.C. as well as international...
Environment / Richest One Percent
by onepercenttakers · Published April 13, 2014 · Last modified November 27, 2015
Billionaire oilman David Koch used to joke that Koch Industries was “the biggest company you’ve never heard of.” Now the...
Fighting Back / Politics / Workers
by onepercenttakers · Published April 13, 2014 · Last modified September 7, 2014
Rashida Tlaib is a state representative in Michigan. But on Wednesday when she checked out at her grocery store, she...
Inequality / Richest One Percent
by onepercenttakers · Published April 13, 2014 · Last modified November 27, 2015
Sen. Bernie Sanders (I-VT) asked Thursday whether the U.S. was evolving into an oligarchy during a speech on the Senate...
by onepercenttakers · Published April 13, 2014 · Last modified September 7, 2014
U.S.-based nonfinancial companies are parking record amounts of cash abroad, thanks largely to a tax code that encourages them to...
Politics / Richest One Percent
by onepercenttakers · Published April 13, 2014 · Last modified November 27, 2015
People like Sheldon Adelson support candidates who are in favor of lowering tax rates for corporations and the super-wealthy —...
Corporations / Fighting Back / Politics
by onepercenttakers · Published April 13, 2014 · Last modified September 7, 2014
Connect the dots between policies that keep many of our fellow Americans desperate, and you’ll see they add up to...
Politics / Richest One Percent
by onepercenttakers · Published April 13, 2014 · Last modified November 27, 2015
When organized interest groups or economic elites want a particular policy passed, there’s a strongly likelihood their wishes will come...
Politics / Richest One Percent
by onepercenttakers · Published April 13, 2014 · Last modified November 27, 2015
Senate Majority Leader Harry Reid (D-Nev.) accused the Koch brothers of “trying to buy America”.
House Budget Committee Chairman Paul Ryan’s new budget cuts $3.3 trillion over ten years (2015-2024) from programs that serve people...
(CNN) — Strong countries need a thriving middle class, but in America today, the people who have to work for...
by onepercenttakers · Published April 13, 2014 · Last modified September 7, 2014
Bank of America is paying $6.3 billion to settle a lawsuit arising out of troubled mortgage-backed securities it cobbled together...
by onepercenttakers · Published April 13, 2014 · Last modified September 7, 2014
Workers in California, Michigan and New York this week filed six new lawsuits against McDonald’s claiming they were systematically shorted...
by onepercenttakers · Published April 13, 2014 · Last modified September 7, 2014
If you take the king’s shilling, says the old saying, then you do the king’s bidding. So what happens when...
by onepercenttakers · Published April 13, 2014 · Last modified November 27, 2015
A new pair of reports suggests that the super rich are richer than we thought.
NEW YORK — McDonald’s Corp. more than tripled the pay packages last year for its new CEO Don Thompson and...
High pay may be understandable when a top executive turns around a failing company or vastly expands a company’s revenue...
by onepercenttakers · Published April 12, 2014 · Last modified November 27, 2015
A Delaware man convicted of raping his three-year-old daughter only faced probation after a state Superior Court judge ruled he...
by onepercenttakers · Published April 12, 2014 · Last modified September 7, 2014
WASHINGTON (AP) – Manufacturing giant Caterpillar Inc. has used an aggressive tax strategy to shift profits overseas in order to...
by onepercenttakers · Published April 12, 2014 · Last modified November 27, 2015
Casino billionaire Sheldon Adelson told a crowd at Yeshiva University in New York on Tuesday that the only proper negotiating...
The two biggest welfare queens in America today are Wal-Mart and McDonald’s.
Politics / Richest One Percent
by onepercenttakers · Published April 12, 2014 · Last modified November 27, 2015
Yes, there are “takers” in the American economy, but they’re not the poor folks Mitt Romney referenced in his now-infamous...
(Reuters) – JPMorgan Chase & Co must face a lawsuit from shareholders accusing it of securities fraud by misleading them...
Politics / Richest One Percent
by onepercenttakers · Published April 11, 2014 · Last modified November 27, 2015
There’s just one element missing from these snapshots of America’s ostensibly spontaneous and leaderless populist uprising: the sugar daddies who...
You can blame the stagnant economy on a “handful of women and men” who run the country’s largest companies. And...
by onepercenttakers · Published April 11, 2014 · Last modified November 27, 2015
Does being super-wealthy make you extra susceptible to self-pity today? That’s the only conclusion we can draw from an epidemic...
"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.