Billionaires like Bill Gates have long said that they, theoretically, would be in favor of paying much more money in personal taxes. … Read the full article at Vox.
President Joe Biden on Thursday launched military airstrikes against two Iranian-backed militias in Syria in retaliation for a recent spate of aggressions, including a rocket attack in Iraq last week that injured US troops and killed a Filipino contractor. …...
The average CEO of an S&P 500 company made 287 times more than their median employee last year, and Sen. Bernie Sanders wants to force them to change that — or pay for it. Sanders’s presidential campaign unveiled its latest proposal to curb inequality in the...
America is riven by enormous income inequality. Should Silicon Valley’s very richest pay to make that better? That’s the question behind an intriguing and politically timely new proposal that San Francisco lawmakers plan to put before voters next spring and that could...
For much of the 150 years since the official end of slavery in the United States, talk of the need for reparations has existed. In 2019, that discussion has become a full-blown political debate among politicians, presidential candidates, and academics over what it...
Nine 2020 Democratic presidential candidates were in Washington, DC, on Monday to discuss their plans to address poverty and systemic racism. And some had clearer plans than others. … Read the full article at Vox.
President Donald Trump reiterated on Tuesday that he won’t let the federal government reopen until he gets more than $5 billion to build his wall at the US-Mexico border. And one of the reasons for this demand, Trump said in a speech at the Oval Office, was that the...
The surprise victory of democratic socialist Alexandria Ocasio-Cortez against mainstream Democrat Joe Crowley for New York’s 14th District couldn’t be a better case study in how candidates running on unabashedly progressive platforms — platforms embracing racial,...
President Donald Trump has advertised his idea for a “big, beautiful wall” at the US-Mexico border by arguing it will stop the flow of drugs into the US — a particularly timely goal as the US struggles with its worst drug crisis ever in the opioid epidemic. The wall’s...
The 100 American CEOs with the biggest company retirement funds have $4.7 billion in those accounts — which is roughly equivalent to the retirement savings of the bottom 116 million Americans, or 41 percent of the country’s families. This data comes from the Institute...
This is John Stumpf, CEO of Wells Fargo. From 2012 to 2015, his salary was $2.8 million a year. But Wells Fargo also gave him $155 million in stock options and bonuses that were tied to the company’s performance. The reason Wells Fargo paid him this way is because the...