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The three wealthiest families in the U.S.—the Waltons (Walmart), the Kochs, and the Mars—have seen their wealth increase nearly 6,000% just in the past generation. Median household wealth over the same period went down by 3%.
Undocumented workers fund public schools and local government services by paying sales and property taxes like everyone, estimated to be $11.7 billion a year. In 2013, they contributed $13 billion per year to the Social Security retirement trust fund
The New York Times expose is “unprecedented in scope and precision.” And it shows in vivid detail how egregious the Trump family's tax cheating was – not chiseling here and there, but gigantic lies to escape lawful burdens.
Moving to a Graduated State Income Tax in Illinois. The state tax system would become fairer, more sustainable, and better for the Illinois economy. All that’s needed is the bipartisan political will.
If progressive political parties had pursued a bolder agenda in the face of widening inequality and deepening economic anxiety, perhaps the rise of right-wing, nativist political movements might have been averted. So why didn't they?
The white-collar rising of 2018 reflects millennial militancy, the death of the Norquist pledge, and one more issue on which Democrats need to move left.
Under Cook County Assessor Joseph Berrios, assessment system shaved $1 billion from Chicago’s most expensive homes, while owners of lower-valued homes picked up the tab.
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