Inequality

Stephanie Leiser | (The Conversation) | – – The 60 percent of Americans who believe that the GOP tax package will mostly help the wealthiest among us are right, according to an analysis by the Tax Policy Center. But will widespread disapproval translate into political costs or electoral losses for Republicans? Will Americans decide they […]

Inequality

GOP tax plan doubles down on policies that are crushing the middle class

contributors

Steven Pressman | (The Conversation) | – – The U.S. middle class has always had a special mystique. It is the heart of the American dream. A decent income and home, doing better than one’s parents, and retiring in comfort are all hallmarks of a middle-class lifestyle. Contrary to what some may think, however, the […]

Featured

Yes, America, there is a Class War, and you Just Lost It

Juan Cole

By Juan Cole | (Informed Comment) | – – The Republican Party did not just overhaul the tax code and they did not cut “your” taxes. They engineered a coup against the middle and working classes and they threw enormous amounts of public money to private billionaires and multi-millionaires. Americans do not understand this sort […]

Education

How GOP Tax Bill’s assault on Universities will Devastate US Economy

contributors

By Benjamin J. Cohen | (The Conversation) | – – With the Senate’s passage of the “Tax Cuts and Jobs Act,” President Donald Trump seems close to notching his first legislative victory – a huge tax cut for the 1 percent. All that remains is the need to reconcile the Senate bill with the version […]

Donald Trump

Trump’s Horror show is to distract us from his $1.5 Trillion Mugging of the People

contributors

By Tom Engelhardt | ( Tomdispatch.com) | – – Don’t look away. I mean it! Keep on staring just like you’ve been doing, just like we’ve all been doing since he rode down that escalator into the presidential race in June 2015 and, while you have your eyes on him, I’ll tell you exactly why […]

Donald Trump

Inequality Rising: When will Trump’s base get wise to his populist charade?

Rajan Menon

Tomdispatch.com | – – Among the stranger features of the 2016 election campaign was the success of Donald Trump, a creature of globalization, as an America First savior of the white working class. A candidate who amassed billions of dollars by playing globalization for all it was worth — he manufactured clothes and accessories bearing […]

Inequality

50% of World’s Wealth Is Controlled by Wealthy 1%

contributors

TeleSur | – – Nearly 35 billion lower income people reside in developing nations and have less than US$10,000 in income. 50 percent of the world’s wealth is controlled by the wealthy 1 percent, according to a new Global Wealth report which sheds light on the stunning wealth inequality. The annual report published by Credit […]

Economy

GOP Tax Breaks for Billionaires would Help Trump Appointees Most of All

contributors

by Allan Sloan. | ( ProPublica) | – – The Republican proposal will not only allow them to pass millions (or billions) to their heirs without inheritance taxes, it will also add another benefit on top of that. This column was co-published with The Washington Post. There are times that you run across something that’s […]

Banking

Treasury Sec. Mnuchin is just an Enforcer for the 0.1%

contributors

By Nomi Prins | ( Tomdispatch.com) | – – Treasury Secretary Steven Mnuchin doesn’t exactly come across as the guy you’d want in your corner in a playground tussle. In the Trump administration, he’s been more like the kid trying to cop favor with the school bully. That, at least, is the role he seems […]