Paul Buchheit Posts

Thanks to a half century of insidious "trickle-down" philosophy—which astoundingly continues to be preached by many of the super-rich—inequality has stretched our nation nearly to the breaking point.

There may be no better argument for democratic socialism in America than the way individual state leaders have been falling over each other trying to lure corporations to their states with tax subsidies

It's strange that most media outlets rarely if ever report on these realities... until you remember who owns most media outlets.

While wealth continues to rush, not trickle, upwards, low-income families are going backwards as the average net worth for the poorest half of America decreased from $11,000 to $8,000 since the 2008 financial crash

"Ingenious financial and legal engineering turned our economy from an engine of long-term growth and shared prosperity into a casino with only a few big winners."

There seems to be no corporate recognition of the shameful act of taking decades of societal largesse and then doing everything possible to avoid paying for any of it.

Nearly 15 percent of our nation's total household wealth — $14 trillion! — has been transfered from middle-class America to people with an average net worth of $75 million.

Nationalism, exceptionalism, narcissism, racism.

Too many Americans have been cheated out of opportunities to share in our nation's prosperity. The proof is overwhelming.

Here are three insidious ways "overtaxed" corporations are cheating America.

About 40 years ago, 109 firms earned half of the profits of U.S. public companies. Today it's just 30 firms.

And our 'trusted' watchdog agencies, both non-profit and government, are beholden to the biggest companies.

The super-rich are by far the top beneficiaries of U.S. security, tax laws, and the financial system.

Many wealthy Americans complain about the amount of government subsidies going to the poor. Their complaints demonstrate ignorance, or greed, or a total lack of fair-mindedness, or a combination of all those symptoms of entitlement at the top.

Most of our new jobs are in service industries, including retail and health care and personal care and food service. Those industries generally don't pay a living wage.

In his report, "This is how American health care kills people," Ryan Cooper tells the heartbreaking story of 29-year-old Matthew Stewart, who required emergency surgery for hepatitis-induced live

Before taxes on the rich are cut and social programs decimated, remember that poor Americans currently pay higher tax rates than the richest 1 percent.

Yes, inequality is getting worse every year. In early 2016 Oxfam reported that just 62 individuals had the same wealth as the bottom half of humanity.

Yes, inequality is getting worse every year. In early 2016 Oxfam reported that just 62 individuals had the same wealth as the bottom half of humanity.

"Never before has a government been so completely fused with business."