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As private grocers abandon low-income neighborhoods, Zohran Mamdani’s public ownership proposal offers a solution to market ...
In other words, some 99.9999 percent of the proceeds of the Bezos stock sale last year counted as a taxable long-term capital ...
Health care workers are warning of dangerous conditions in hospitals for patients and nurses alike under the new law.
New research from the Center for Working-Class Politics shows that progressive economic policies can bring working-class Trump supporters back into the Democratic Party.
Once upon a time, here in the United States, we taxed the rich. Significantly. Today, by contrast, we’re actively enhancing their fortunes. Including the biggest personal fortune of them all, the ...
President Joe Biden and Congressional progressives have responded to public pressure by putting bold spending proposals on the table that would make our economy more fair, sustainable, and resilient ...
Congress should use taxes to generate new revenue from Wall Street firms and executives and to curb excessive CEO pay, unproductive short-term financial speculation, and wasteful stock buybacks.
The following is written testimony prepared for a March 17, 2021 Senate Budget Committee hearing on “The Income and Wealth Inequality Crisis in America.” Thank you, Chairman Sanders, Ranking Member ...
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.
An income tax rate of over 100 percent would be hard for anyone to sustain. At a rate a smidge over 100 percent, our deepest pockets might be able to get by if they drew down their wealth or borrowed ...
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