U.S. is a World Leader in Class Conflict Over Government Spending
The claim that America is riven by class conflict may come as a surprise to people who like to think...
Category: Richest One Percent
America’s Mad Dash to Oligarchy
Since Ronald Reagan’s “supply-side” tax cuts for the rich – followed by other giveaways like eliminating the “death tax” so...
Offshore Tax Havens Cost Average Taxpayer $1,259 a Year, Small Businesses $3,923
April 15, Washington – As hardworking Americans file their taxes today, it’s a good time to be reminded that ordinary...
C.E.O. Pay Goes Up, Up and Away!
At 79, Graef “Bud” Crystal is the grand old man of executive compensation critics. Once a top compensation consultant, he...
Koch-Funded Groups Fuel Assault On Kansas Clean Energy Law
A bill designed to repeal Kansas’ clean energy law is moving quickly through the state legislature this week — an...
Justice Stevens: John Roberts Really Wants To Protect Rich
Retired Justice John Paul Stevens is taking aim at the Supreme Court’s recent 5-4 decision to eliminate the limit on...
Paranoia of the Plutocrats
Extreme inequality, it turns out, creates a class of people who are alarmingly detached from reality — and simultaneously gives...
Koch Brothers Net Worth Soars Past $100 Billion
Charles and David Koch hit a milestone on Wednesday, as a $1.3 billion boost to their collective fortune sent their...
The Age of the Oligarchs
The chaos in Ukraine can be viewed, in part, as what happens when a collection of “oligarchs” – sometimes competing,...
Jesse Ventura Rips B*tchy Billionaires: The Poor Work Just as Hard as You Do
Tuesday on his show “Off the Grid,” former Minnesota Gov. Jesse Ventura “called bullsh*t” on the “one percent” who are...
What Do the Koch Brothers Really Want?
As a result of the disastrous Citizens United Supreme Court decision, billionaires and large corporations can now spend an unlimited...
Top 1 Percent Take Record Share of U.S. Income
WASHINGTON — The top 10 percent of earners took more than half of the country’s total income in 2012, the...
Wealth Inequality Is Now As Bad As It Was During The 1920s
Most people know about income inequality: the gap in earnings between the 1 percent and the rest of us that...
Huge Swiss bank Credit Suisse helping wealthy Americans hide $10-$12B: U.S. Senate panel
WASHINGTON — Billions of dollars in U.S. taxes are going unpaid because Americans are exploiting Swiss bank accounts, and the...
America’s $100 Billion Tax Break Helps The Rich Buy Bigger Homes
An expensive tax break intended to make more Americans homeowners is instead making American homes bigger without benefiting non-rich people,...
US Is an Oligarchy Not a Democracy, says Scientific Study
A study, to appear in the Fall 2014 issue of the academic journal Perspectives on Politics, finds that the U.S....
Koch Industries: Secretly Funding the Climate Denial Machine
Billionaire oilman David Koch used to joke that Koch Industries was “the biggest company you’ve never heard of.” Now the...
Bernie Sanders: Greedy Billionaires Twisting American Dream Into Nightmarish Oligarchy
Sen. Bernie Sanders (I-VT) asked Thursday whether the U.S. was evolving into an oligarchy during a speech on the Senate...
For Adelson, Koch Brothers, Buying a Politician is Good Business
People like Sheldon Adelson support candidates who are in favor of lowering tax rates for corporations and the super-wealthy —...
The Government Listens to Lobbyists and the Wealthy, Not You and Me
When organized interest groups or economic elites want a particular policy passed, there’s a strongly likelihood their wishes will come...
Reid: Koch Brothers Want ‘to Buy America’
Senate Majority Leader Harry Reid (D-Nev.) accused the Koch brothers of “trying to buy America”.
The Super Rich Are Richer Than We Thought, Hiding Huge Sums, New Reports Find
A new pair of reports suggests that the super rich are richer than we thought.
One Percenter Convicted Of Raping Child Dodges Jail
A Delaware man convicted of raping his three-year-old daughter only faced probation after a state Superior Court judge ruled he...
Casino Billionaire Sheldon Adelson Wants U.S. to Nuke Iran
Casino billionaire Sheldon Adelson told a crowd at Yeshiva University in New York on Tuesday that the only proper negotiating...
Romney’s Wrong, 1 Percenters Are the True Takers
Yes, there are “takers” in the American economy, but they’re not the poor folks Mitt Romney referenced in his now-infamous...
The Billionaires Bankrolling the Tea Party
There’s just one element missing from these snapshots of America’s ostensibly spontaneous and leaderless populist uprising: the sugar daddies who...
Billionaires’ Crybaby Club: Someone Get These Whiners a Bottle!
Does being super-wealthy make you extra susceptible to self-pity today? That’s the only conclusion we can draw from an epidemic...
