Truthout
Economic Inequality
These Companies Pay Their Executives More Than They Pay in Taxes
Tesla, Ford, Netflix and T-Mobile are among scores of U.S. firms that pay their top execs more than they pay the IRS.
Poll: 74 Percent of Millionaires in G20 Countries Support Higher Taxes on Wealth
Meanwhile, 260 millionaires and billionaires signed a letter imploring leaders to raise taxes on rich people like them.
UK Authorities Prosecuted Just 11 Wealthy People for Tax Fraud Last Year
In both the U.K. and the U.S., tax authorities avoid prosecuting the wealthy for fear of legal and political backlash.
Report Reveals Top CEOs Dodge Taxes on Nearly $9 Billion in Retirement Funds
Some executives can expect to receive monthly retirement checks larger than their workers’ median annual pay.
Majority of LGBTQ+ People in the US Struggle to Afford Basic Necessities
A new survey’s findings corroborate years of research showing that LGBTQ+ people experience poverty at high rates.
It’s Time for the Wealthy to Pay Their Fair Share Into Social Security
When Congress put a cap on Social Security contributions in 1983, they didn't anticipate 40 years of rising inequality.
From Taxing the Rich to Defending Social Security, Will Biden Deliver?
Amid GOP heckling, Biden embraced the rhetoric of economic populism in his State of the Union address.
With No Child Tax Credit, Families Are Slipping Back Into Poverty Amid Inflation
Child poverty rates have crept back up since the program expired, leaving families struggling with food insecurity.
Stakes Are High for Workers, So Unions Are Mobilizing for Midterms
SEIU President Mary Kay Henry discusses how unions are organizing to empower working people ahead of Election Day.
Fed’s Latest Interest Rate Hike Will Harm Most Vulnerable, Critics Say
With each rate hike — and other central banks following suit — warnings of a global recession have mounted.