There are now 813 billionaires with $5.7 trillion in wealth, making the ten-figure club even more powerful economically and politically. We need a progressive taxation system to reverse inequality.
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Leopold’s new book offers a closer and more detailed look at how wealth extraction occurs, how workers bear the brunt of it, and how this dynamic challenges our political organizing efforts by labor unions and other progressive change organizations.
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How billionaires pay little in taxes compared with their massive wealth — sometimes even nothing, explained in one minute
The Shaky Foundations of U.S. School Funding
A new tool from the National Women’s Law Center shows how taxing billionaires could fund "long overdue" investments in the care economy.
The insidious myth of meritocracy belies increasingly insane levels of inequality in the US that prevent even younger generations born into the middle class from achieving “the American Dream,” if by that we mean stable housing, secure employment, and the opportunity to do as well or better than one’s parents.
A new GOP bill, formally entitled the ’Death Tax Repeal Act,’ would enable our super-rich to avoid both income and estate tax on their investment gains.
As more strikes succeed, Kate Bahn, chief economist at the Washington Center for Equitable Growth, says workers are more likely to organize them at their own workplaces.
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