Moshe Adler / TruthdigApr 21, 2010
Why should a poor borrower be held more responsible than a rich borrower for the default of another poor borrower? Dig deeper ( 3 Min. Read )
Staff / TruthdigMar 12, 2010
Well, that didn't take long China now has more billionaires (89 if you include Hong Kong) than any other country except for the US, which, to be fair, has been working overtime to transfer wealth upward Unlike the U, the Chinese government has promised to distribute its bounty to "make our society fairer and more harmonious". Dig deeper ( 1 Min. Read )
Staff / TruthdigFeb 2, 2010
For all their talk of deficits, conservatives don't ever want to pay for them. Rush Limbaugh says people making more than $250,000 a year -- who may just have to brace for a tax hike to keep our budget shortfalls somewhere in this galaxy -- do not qualify as wealthy. Dig deeper ( 1 Min. Read )
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Staff / TruthdigDec 12, 2009
An Internal Revenue Service unit is being developed to catch wealthy tax cheats who find ways to hide their assets in different businesses and accounts. The new unit reportedly has hired hundreds of employees to combat international tax evasion. Dig deeper ( 1 Min. Read )
Staff / TruthdigOct 26, 2009
While America's super rich are coping with bailouts and bonus envy, a group of well-to-do Germans, led by a brewery heir, has delivered a petition demanding a 5 percent wealth tax -- on themselves. Imagine if Pete Coors demanded that the government spend more of his money on "ecology, education and social justice." Dig deeper ( 1 Min. Read )
David Sirota / TruthdigAug 7, 2009
Thanks to the Khaki Pants Offensive in the Great American Health Care and Tax War, finally, there's no pretense. Finally, the Me-First, Screw-Everyone-Else Crowd's ugliest traits are there for all to behold. Dig deeper ( 3 Min. Read )
Staff / TruthdigJul 15, 2009
Nancy Pelosi and her fellow progressive Democrats in the House have opened a can of health care whoop-ass that's sure to drive Republicans and conservative Democrats nuts. The House bill, unveiled Tuesday, would tax the rich and businesses that skimp on health care coverage, provide a public option and require everybody to be covered. Dig deeper ( 1 Min. Read )
Staff / TruthdigJul 28, 2008
According to the most recent data from the IRS, the wealthiest 1 percent of Americans took home a greater share of the nation's income in 2006 than in any year of the previous 19. It's possibly the biggest income disparity Americans have seen since the Great Depression. The average tax rate of the super-rich was at its lowest level in at least 18 years. Dig deeper ( 1 Min. Read )
Staff / TruthdigFeb 19, 2008
Most popular YouTube videos inspire the inevitable parodies, and while many amuse in their own way, this one scores with the title alone. This is what Barack Obama's "Yes We Can" fan film would look like if it were made by the rich and powerful -- that is to say, the non-celebrity kind. The kind with pocket squares and tiny dogs. Dig deeper ( 1 Min. Read )
Staff / TruthdigNov 5, 2007
The "Real Time" host takes aim at the über-rich, as well as the disadvantaged who vote against their own economic self-interests, because "In America it's not the haves and have nots, it's the haves and been hads." Dig deeper ( 1 Min. Read )
Staff / TruthdigOct 15, 2007
Frank Rich of The New York Times argues that although there's plenty to blame on the Bush administration, a timid Congress and a compliant press, it's time for the American people to accept at least some responsibility for the Iraq war and its many disastrous episodes. From Abu Ghraib to contractor killing sprees, we the people have known far too much for far too long to feign surprise when things suddenly go sour. Dig deeper ( 1 Min. Read )
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