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Tag: 1 Percent


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Happy Tax Day, and Why the 1 Percent Pay a Much Lower Rate Than You

It’s tax time again, April 15, when our minds turn toward paying the taxes we owe or possibly getting a tax refund.

Posted on Apr 15, 2014 READ MORE


Gourmet

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Posted on Apr 14, 2014 READ MORE



Why the Minimum Wage Should Really Be Raised to $15 an Hour

Momentum is building to raise the minimum wage to $10.10. But we need to be more ambitious.

Posted on Apr 9, 2014 READ MORE



Nancy Pelosi (CC BY 2.0)

Friday’s Jobs Report and the Supreme Court’s McCutcheon Debacle

What does the Supreme Court’s McCutcheon decision this week have to do with Friday’s jobs report, showing 192,000 new jobs for March?

Posted on Apr 5, 2014 READ MORE



Signe Wilkinson

McCutcheon and the Vicious Cycle of Concentrated Wealth and Political Power

If wealth and income weren’t already so concentrated in the hands of a few, the shameful McCutcheon decision by the five Republican appointees to the Supreme Court wouldn’t be as dangerous.

Posted on Apr 5, 2014 READ MORE



We Should Be Talking About the 1 Percent of the 1 Percent

It’s really the 0.01 percent of Americans who are leaving us all behind; one answer to fighting climate change is vegetarianism; meanwhile, is the beer in Britain spying on you? These discoveries and more after the jump.

Posted on Apr 1, 2014 READ MORE



Themeplus (CC BY-SA 2.0)

The Distributional Games

Why would people turn down a deal that made them better off simply because it made someone else far, far better off?

Posted on Apr 1, 2014 READ MORE



Truthout.org (CC BY-NC-SA 2.0)

The New Billionaire Political Bosses

Charles and David Koch should not be blamed for having more wealth than the bottom 40 percent of Americans put together.

Posted on Mar 26, 2014 READ MORE



The Inevitability of Income Inequality

Inequality is endemic to the core structure of an America that operates more as a plutocracy than a democracy. It is an inherent result of the consolidation of a substantial amount of both financial power and political influence in the hands of a few families.

Posted on Mar 11, 2014 READ MORE



Journalist Crashes Wall Street Secret Fraternity Party, Lives to Tell Bizarre Tale

As he recounts in New York magazine, journalist Kevin Roose was able to infiltrate a secret Wall Street fraternity party in January 2012 that was attended by many of the top financial moguls of our time.

Posted on Mar 11, 2014 READ MORE



The Growth of the American Servant Sector

Nowadays, the members of the 1 percent are the only ones getting richer and they’re hiring servants to keep them comfy; there are a few things you should be aware about with regard to your caffeine intake; meanwhile, familiar weather patterns have gone extinct. These discoveries and more after the jump.

Posted on Mar 11, 2014 READ MORE


Koch Puppy Dog

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Posted on Mar 3, 2014 READ MORE


One Percenters’ Valentine

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Posted on Feb 16, 2014 READ MORE



marsmet531 (CC BY-NC-SA 2.0)

Why Widening Inequality Is Hobbling Equal Opportunity

Is it to be inequality or equal opportunity?

Posted on Feb 6, 2014 READ MORE


No Free Lunch

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Posted on Feb 5, 2014 READ MORE


Income Inequality

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Posted on Feb 4, 2014 READ MORE



In Defense of the Mega-Rich

As food stamps were cut, millionaire Tom “Kristallnacht” Perkins explained the plight of the wealthy; athletes are looking to unionize; and how will Supreme Court justices believing in “natural law” affect their legal decisions? These discoveries and more after the jump.

Posted on Jan 30, 2014 READ MORE


Pitchforks

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Posted on Jan 30, 2014 READ MORE


State of the Union

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Posted on Jan 27, 2014 READ MORE



epSos.de (CC BY 2.0)

Take a Guess at How Many People Collectively Are as Wealthy as Half the World. It’s Less Than That

We’ve all heard that 1 percent of the global population owns 50 percent of the earth’s wealth, and yet, now that the actual number of people has been calculated by the relief organization Oxfam, it’s hard not to cringe at the fact.

Posted on Jan 22, 2014 READ MORE


Freedom Water

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Posted on Jan 21, 2014 READ MORE


Unaided Unemployed

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Posted on Jan 19, 2014 READ MORE



shahbasharat (CC BY 2.0)

Don’t Want to Pay Child Support? Get a GOP Rep. to Change the Law After a Hefty Donation

Millionaire Michael Eisenga decided he was tired of giving his ex-wife and three kids $216,000 a year in child support but, unsurprisingly, the judicial system did not sympathize with his plight. So what was a poor rich Republican to do? Have a GOP puppet change the law apparently.

Posted on Jan 14, 2014 READ MORE


Welfare Cheats

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Posted on Jan 13, 2014 READ MORE


There’s Not Enough Money

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Posted on Jan 13, 2014 READ MORE


Charity

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Posted on Jan 13, 2014 READ MORE


Republican Plan for the Poor

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Posted on Jan 12, 2014 READ MORE


War on Poverty

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Posted on Jan 10, 2014 READ MORE


Bill de Blasio and Mike Bloomberg

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Posted on Jan 5, 2014 READ MORE


Inequality

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Posted on Jan 4, 2014 READ MORE


Income Inequality

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Posted on Jan 4, 2014 READ MORE


Economic Recovery

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Posted on Jan 2, 2014 READ MORE


Income Equality

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Posted on Dec 26, 2013 READ MORE


Leveling the Playing Field

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Posted on Dec 24, 2013 READ MORE


Back Stabbin’ Santa

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Posted on Dec 13, 2013 READ MORE


GOP Gets Its Scrooge On

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Posted on Dec 13, 2013 READ MORE


GOP Christmas

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GOP to the poor: That lump of coal represents the fuel that drives the engines of commerce. Use it wisely and you may rise to become a titan of industry. You'll thank me later.
Posted on Dec 12, 2013 READ MORE



Catholic Church (England and Wales) (CC BY-NC-SA 2.0)

Time Magazine’s Person of the Year: The People’s Pope

According to the managing editor of Time magazine, Pope Francis was chosen to grace the cover of its 2013 Person of the Year issue because he “changed the tone and the perception and the focus of one of the world’s largest institutions in an extraordinary way.” But perhaps his most significant contribution this year has been his condemnation of greed and materialism.

Posted on Dec 11, 2013 READ MORE


Jolly Old Elephant

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Posted on Dec 10, 2013 READ MORE


The Hook

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Posted on Dec 3, 2013 READ MORE


How Rich People Create Jobs

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GOP politicians cut taxes for rich people and big corporations. Rich people use the money they would have spent on taxes to hire part-time, low-wage workers. Workers manufacture products for rich people to sell. Products don't sell because low-wage workers have little money, pension or social security. Rich people lay off workers and keep the money.
Posted on Dec 3, 2013 READ MORE


Oh Christmas Tree

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Posted on Nov 30, 2013 READ MORE



401(K) 2013 (CC BY-SA 2.0)

Let’s Face It, Believing Rich People Create Sustainable Jobs Is Delusional

Henry Blodget, CEO of news website Business Insider, clears up the widespread myth that entrepreneurs such as himself are responsible for creating jobs for the rest of America. The often-told lie is simply a way to justify the immense inequality symptomatic of our dire economic climate.

Posted on Nov 30, 2013 READ MORE


The Exorcist

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Posted on Nov 29, 2013 READ MORE


Tap Tap

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Posted on Nov 27, 2013 READ MORE



Catholic Church (England and Wales) (CC BY-NC-SA 2.0)

Pope Francis: Unfettered Capitalism Is a ‘New Tyranny’

Though he may not come down strongly on discrimination against the LGBT community or women, if there’s one thing this latest pope knows how to condemn it’s greed. In the pontiff’s first major publication, he tells the 1 percent to spread the wealth, for God’s sakes.

Posted on Nov 26, 2013 READ MORE


Tea Party Idiots

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Posted on Nov 24, 2013 READ MORE


Colbert: ‘Eyes Wide Shut to Other People’s Suffering’

According to Stephen Colbert, a self-proclaimed member of the 1 percent, “it’s hard to get away from everything when you own everything.” But, much to the relief of the “upper middle stinkin’ rich,” a South African hotel has found a new way to lure wealthy clients by commodifying poverty with its luxuriously fabricated Shanty Town.

Posted on Nov 13, 2013 READ MORE


Workplace Discrimination

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Posted on Nov 5, 2013 READ MORE


Flood Insurance

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Posted on Nov 2, 2013 READ MORE


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