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 é um homem rico, um capitalista impenitente e tem algo a dizer aos colegas plutocratas: Acordem! A crescente desigualdade está prestes a empurrar as nossas sociedades para condições semelhantes à França pré-revolucionária. Ouçam o seu argumento sobre como um grande aumento no salário mínimo poderia fazer crescer a classe média, entregar prosperidade económica ... e evitar uma revolução.

Cuidado, amigos plutocratas, as forquilhas estão a chegar

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.