The Golden Age of Rich People Not Paying Their Taxes An eight-year campaign to slash the IRS’s budget has left the agency understaffed, hamstrung, and operating with archaic equipment. The result: a hundred-billion-dollar heist. –The Atlantic–PAUL KIEL, JESSE EISINGER, PROPUBLICA—DEC 11, 2018…
Students and others protest on the University of Washington campus in Seattle on April 1, 2015, in support of raising the minimum wage for campus workers to $15 an hour. (Ted S. Warren/AP) In every state, the minimum wage is…
‘How Corporate Cash Bought American Higher Education’ New book outlines how rich donors have become more assertive about how their money should be used and explores the costs to higher ed. –By Marjorie Valbrun November 2, 2018 A new book about Nike…
World’s billionaires became 20% richer in 2017, report reveals UBS report shows billionaires increased fortunes by $1.4trillion, more than the GDP of Spain —Rupert Neate Wealth correspondent The Guardian 26 Oct 2018 — More than 40 of the 179 new billionaires created…
DEFINED BENEFIT PENSIONS SUPPORT LOCAL ECONOMIES October 17, 2018 — POSTED BY – TYLER BOND This week, we want to focus on the economics of pensions, the most secure form of retirement savings. Today we want to highlight how public pensions…
Women lose $513 billion a year in wages due to gender pay gap and math is worse for some —Charisse Jones, –USA TODAY– Oct. 23, 2018 | (Photo: Getty Images) Women experience $513 billion in lost wages a year because of the…
WHY DEFINED BENEFIT PENSIONS COST LESS October 15, 2018 –POSTED BY–TYLER BOND– Today we’re examining why defined benefit pensions cost less than 401(k)-style defined contribution plans. Defined benefit pensions cost less than 401(k)s because they are more efficient. Pensions are group…
IN A STATE OF GREAT WEALTH, ALL THE HEALTH CARE SOME CAN AFFORD –by Keith M. Phaneuf –October 15, 2018– The CT Mirror– Up until Sally Grossman became pregnant in 2012 at the age of 30, she had been trying…
Unkept Promises: State Cuts to Higher Education Threaten Access and Equity OCTOBER 4, 2018- BY- MICHAEL MITCHELL —MICHAEL LEACHMAN— KATHLEEN MASTERSON — SAMANTHA WAXMAN A decade since the Great Recession hit, state spending on public colleges and universities remains well below historical levels. Overall state funding…
The Super-Rich Really Do Avoid A Lot Of Taxes By— Matt O’Brien — Hartford Courant Op-Ed – 10/7/18 (alfexe / Getty Images/iStockphoto) As bad as you might think inequality is, the reality is that it’s even worse for a…