To Save Main Street, Tax Wall Street

To Save Main Street, Tax Wall Street

All too often these days, large U.S. corporations and Wall Street banks seem more interested in tapping overseas markets than in growing a customer base at home. When local communities in America’s heartland suffer, it’s no skin off their backs. By contrast, our...
Enlisting Millennials for the Resistance

Enlisting Millennials for the Resistance

In the wake of the November elections, Kenneth Worles Jr. saw that many of his millennial peers wanted to start getting politically engaged, but didn’t know where to begin. And hardly any of the groups organizing to fight back against the new Trump agenda, Worles...
Trump’s Report Card: No ‘A’s, Not Even For Effort

Trump’s Report Card: No ‘A’s, Not Even For Effort

Confession: Many moons ago, I actually thought there was a little bit to like about Donald Trump. During the primaries, he proved that GOP voters could care less about the party’s usual pro-business bromides. He smeared free-trade agreements as bad for workers,...
Inequality Was Responsible for the Depth of the Great Recession

Inequality Was Responsible for the Depth of the Great Recession

Another new study on the devastating impact of the Great Recession — on the middle class — has just come out from the Hudson Institute, a conservative-leaning think tank. America’s richest 10 percent, this latest analysis shows, lost 7 percent of their wealth between...
Houston, We Have an Inequality Problem

Houston, We Have an Inequality Problem

The world knows Houston as a major hub for oil and gas and the home of America’s space program. What the world doesn’t know: Rich and poor in Houston are segregating at a phenomenally rapid pace. A new report from the Rice University Kinder Institute for Urban...
Why Not Tax Heirs Directly?

Why Not Tax Heirs Directly?

With the onslaught of inequality-increasing policy directives coming out of the White House these days, it’s easy to lose sight of what good policy ideas look like. Lily Batchelder, author of this just-published Democracy Journal article, refuses to let our bleak...
The Racial Wealth Gap Persists Through Retirement

The Racial Wealth Gap Persists Through Retirement

Welcome to 2017! President Obama has exited the stage, and a Trump presidency is now reality. If you’re still not shocked, remember this: Right now, more than half of all Black families in the United States today have no retirement wealth at all, meaning they will...
How a Global Tax on Billionaires Could Help End Extreme Poverty

How a Global Tax on Billionaires Could Help End Extreme Poverty

At the end of Thomas Piketty’s 2013 blockbuster Capital in the Twenty-First Century, the French economist makes a compelling case for a global wealth tax. Levying a tax on wealth, Piketty explains, would be a preferable alternative to global war or economic calamity,...
UK Labour Party Proposes a Maximum Wage Gap

UK Labour Party Proposes a Maximum Wage Gap

In 1942, Franklin Roosevelt advanced what may have been the most politically daring policy proposal of his entire presidency. FDR called for the equivalent of a maximum wage. No individual American after paying taxes, Roosevelt declared, should have an income over...
Health Care Repeal Is a Stealth Tax Break for Millionaires

Health Care Repeal Is a Stealth Tax Break for Millionaires

Great magicians are masters of diversion. They attract our attention with one hand while using the other to trick us into thinking a supernatural act is taking place. But even the best street performers could learn a lesson from the folks in Congress who are trying to...
Even Red State Voters Want Action on Inequality

Even Red State Voters Want Action on Inequality

On the campaign trail, Donald Trump once described our country’s stratospheric CEO pay as “a total and complete joke.” He was right about that. The idea that the guys in the corner office are worth hundreds of times more than their employees does not...
Reducing Inequality in the Trump Era

Reducing Inequality in the Trump Era

In a lot of ways, 2016 was a big year for reducing inequality. Five states raised their minimum wage through citizen-led ballot initiatives. A job-killing free trade agreement, the TPP, was blocked as a result of massive public demonstrations against it. More...
Lifting Up 2016’s Faces on the Frontlines

Lifting Up 2016’s Faces on the Frontlines

In April 2016, we started a weekly “Face on the Frontlines” feature in our Inequality.org newsletter. Since then, we’ve had the honor of lifting up more than two dozen workers, organizers, artists, students, business leaders, elected officials, and others who are...