Income Inequality

Back to the No Future: Wealth Bottoms Out to 1986 Levels for 90% of Americans

Back to the No Future: Wealth Bottoms Out to 1986 Levels for 90% of Americans
Just in case you need a reminder of how lopsided the economy has become, a new paper from economists at the London School of Economics and the University of California at Berkeley shows the bottom 90 percent of American families are no wealthier than they were in 1986. While the top one percent have seen their share of wealth steadily grow, the vast majority of Americans are making due with less.
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America's Most Unequal County: Where the Top 5% Makes 88 Times What the Lowest 20% Does

America's Most Unequal County: Where the Top 5% Makes 88 Times What the Lowest 20% Does
The nation's most massive inequality can be located in one very expected New York City community. The numbers show that the top 5 percent of households in Manhattan earned 88 times as much as the poorest 20 percent.
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The 1% Richer, Income Inequality Worse, Once Lies and Tax Dodging Put into Equation

The 1% Richer, Income Inequality Worse, Once Lies and Tax Dodging Put into Equation
Income inequality is bad enough as it is on the books. However, the actuality might be even worse than we thought because of the wealthy's incredibly adept and hush-hush use of tax evasion. The new report out of 'Bloomberg' is astonishing.
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Men Not at Work: Over 25% of US Males Age 25-34 Earned Poverty Level Wages in 2013

Men Not at Work: Over 25% of US Males Age 25-34 Earned Poverty Level Wages in 2013
The Economic Policy Institute recently released shocking numbers which show over one-fourth of men between the ages of 25-34 earned poverty level wages in 2013. The same numbers have dropped for women in recent decades, while they more than doubled for men since 1979. In 2013, the poverty line was calculated as working full-time, year round, while earning $11.49 an hour or less.
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He Believes in the Tooth Fairy and Santa Claus, Too: Bill O'Reilly Says Income Inequality Doesn't Exist

He Believes in the Tooth Fairy and Santa Claus, Too: Bill O'Reilly Says Income Inequality Doesn't Exist
In a perfect world, income inequality wouldn't exist. Millionaire bloviator Bill O'Reilly apparently lives in that world. Here's fascinating video of him being even more out of touch than usual.
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Toward the Total Paralysis of an Unequal Society

Toward the Total Paralysis of an Unequal Society
The severing of our society into a plutocracy and a peasantry is so far along that statistics almost cease to have meaning. But the facts have to be told, to help explain the sickening sense that we're becoming a nation without a middle class, paralyzed by the inequality deniers and excuse makers who refuse to admit there's something wrong with their free-market capitalist system.
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Want to Fight Income Inequality? Start With Plugging Loopholes in the Estate Tax

Want to Fight Income Inequality? Start With Plugging Loopholes in the Estate Tax
In 2013, casino mogul Sheldon Adelson engineered 30 complicated trusts to escape $2.8 billion in estate taxes and hand his heirs $8 billion of his fortune tax-free.
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The Four Biggest Right-Wing Lies About Inequality

The Four Biggest Right-Wing Lies About Inequality
Even though French economist Thomas Piketty has made an air-tight case that we’re heading toward levels of inequality not seen since the days of the nineteenth-century robber barons, right-wing conservatives haven’t stopped lying about what’s happening and what to do about it.
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Tea Party Leader: God Opposes Efforts To Reduce Income Inequality

Tea Party Leader: God Opposes Efforts To Reduce Income Inequality
Following last week’s Tea Party Unity summit in Texas, TPU head Rick Scarborough convened a conference call today with Howard Kaloogian of the Tea Party Express.
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Hypocrisies of the Super-Rich

Hypocrisies of the Super-Rich
The hypocrisy is spread evenly among corporations, Congress, and free-market apologists, all of whom insult and imperil average Americans with their double standards. Here are some of the worst:
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