IRS Data on Income Shifts Shows Progressivity of Federal Individual Income Tax

Here I mistakenly used the word “wealth” when I should have said “income."

Summary of Latest Federal Individual Income Tax Data

Summary of Latest Federal Income Tax Data

I used the word "effective" when I meant "efficient."  Here I should have said, “Capitalism doesn’t work by efficiently allocating existing resources."

The Capitalist’s Case for a $15 Minimum Wage

Nick Hanauer's Near Insane $15 An Hour Minimum Wage Proposal

CEOs Now Earn 273 Times the Average Worker's Pay — Should You Be Mad?

Nick Hanauer es un hombre rico, un capitalista impenitente... y tiene algo para decirle a sus compañeros plutócratas: ¡Despierten! La creciente  desigualdad está a punto de empujar a nuestras sociedades a condiciones semejantes a las de la Francia prerrevolucionaria. Escucha su argumento sobre por qué un aumento importante en el salario mínimo podría hacer crecer la clase media, traer prosperidad económica... y evitar una revolución. 

Cuidado compañeros plutócratas, vienen las horcas 

Rising economic inequality is pushing society toward instability, risking a future reminiscent of pre-revolutionary France. In 1980, the top one percent held 8 percent of national income; today, they hold over 20 percent, with the bottom 50 percent falling behind. Sustainable prosperity depends on a strong middle class, not the accumulation of wealth at the very top. Abandoning trickle-down thinking and investing in widespread economic participation can prevent unrest and build a thriving economy.