Could British levels of support for an income cap ever take root in the U.S.? Sam Pizzigati says the idea isn’t as un-American as it may seem.
The Argument for a Maximum Wage
Tag: Income Inequality
Trump’s Decade-Old Audit Illustrates Why IRS Targets Working Poor as Much as the Rich
Hayes Holderness says the fact that Trump’s taxes have been under audit since 2011 overshadows all other discoveries.
Community Land Trusts Could Help Heal Segregated Cities
The authors say could any process of municipal restoration, boosting mobility and redressing inequity could take a page from history.
CEOs Now Make 320 Times More Than Typical Worker
The Economic Policy Institute finds that growth in CEO compensation far outstripped that of the stock market.
COVID-19: Low-Wage Essential Workers Get Less Protection & Less Information
Jasmine Kerrissey and Clare Hammonds report on their research, which provides some of the first data on the safety of essential workers during the pandemic.
COVID-19: Richest Americans Added $434 Billion in Wealth Since Pandemic Hit
Jake Johnson reports on an analysis by Americans for Tax Fairness and the Institute for Policy Studies.
COVID-19: What the Different Reaction to the Great Depression and the 2008 Recession Can Tell Us Today
In contrast to the Depression, the Great Recession exacerbated both income and wealth inequality, say Ken-Hou Lin and Megan Neely.
Inequality Higher in Some States Because of Corporate Welfare
New York and Louisiana are two examples of high corporate incentives aligning with high inequality, writes Joshua Jansa.
Reclaiming Billionaires’ Wealth
Looking beyond classical economic models, Vince Taylor sees vast, private fortunes that belong mostly to society at large.
Wall Street, Banks and Angry Citizens
The post-Great Recession economic “recovery” was largely reserved for participants in financial markets, not the majority working longer hours and multiple jobs, writes Nomi Prins.