- js reader version
- view hidden posts
- tags and related articles
View article without comments
by Mary Wood, Dabriel Zucman, and S Plappert
Saturday, Nov. 11, 2017 at 12:08 PM
"The Public Trust Doctrine" is a fundamental precursor to modern environmental law. The doctrine has often been characterized as an attribute of sovereignty that carries constitutional force.
Why did the USA invade Iraq?
by Sabastian Plappert http://www.grin.com/en/e-book/154621/why-did-the-usa-invade-iraq http://gabriel-zucman.eu/files/SaezZucman2016QJE.pdf
WEALTH INEQUALITY IN THE UNITED STATES SINCE 1913:
EVIDENCE FROM CAPITALIZED INCOME TAX DATA*
Emmanuel Saez and Gabriel Zucman
This paper combines income tax returns with macroeconomic household balance sheets to estimate the distribution of wealth in the United States since 1913. We estimate wealth by capitalizing the incomes reported by individual taxpayers, accounting for assets that do not generate taxable income. We successfully test our capitalization method in three micro datasets where we
can observe both income and wealth: the Survey of Consumer Finance, linked estate and income tax returns, and foundations’ tax records. We find that wealth concentration was high in the beginning of the twentieth century, fell from 1929 to 1978, and has continuously increased since then. The top 0.1% wealth share has risen from 7% in 1978 to 22% in 2012, a level almost as high as in 1929. Top wealth-holders are younger today than in the 1960s and earn a higher fraction of the economy’s labor income. The bottom 90% wealth share
first increased up to the mid-1980s and then steadily declined. The increase in wealth inequality in recent decades is due to the upsurge of top incomes combined with an increase in saving rate inequality.
linguee.com is a translator's wonderland!
Report this post as:
by Nouriel Roubini
Sunday, Nov. 12, 2017 at 6:00 PM
After multiple failed attempts to “repeal and replace” the 2010 Affordable Care Act (Obamacare), US President Donald Trump’s administration now hopes to achieve its first legislative victory with a massive tax giveaway that it has wrapped in the language of “tax reform.” To that end, Republicans in the US Congress have just unveiled a bill that, if enacted, could vastly widen the deficit and increase the public debt by as much as trillion over the next decade.
Worse still, the Republican plan is designed to funnel most of the benefits to the rich. It would lower the corporate tax rate from 35% to 20%, reduce the tax on capital gains (investment profits), eliminate the estate tax, and introduce other changes that benefit the wealthy.
Like the Republicans’ health-care proposals, their tax plan offers little to struggling middle- and working-class households. Trump continues to govern as a pluto-populist – a plutocrat pretending to be a populist – who has not hesitated to betray the people he conned into voting for him.
Report this post as:
More problems at Shutdown San Onofre Nuke
Change Links 2018 July posted
More Pix: "Families Belong Together," Pasadena
"Families Belong Together" March, Pasadena
Short Report on the Families Belong Together Protest in Los Angeles
Summer 2018 National Immigrant Solidarity Network News Alert!
Watch the Debate: Excluded Candidates for Governor of California
Change Links June 2018 posted
The Montrose Peace Vigil at 12 Years
Unity Archive Project
Dianne Feinstein's Promotion of War, Secret Animal Abuse, Military Profiteering, Censorshi
CA Senate Bill 1303 would require an independent coroner rather than being part of police
Three years after OC snitch scandal, no charges filed against sheriffs deputies
California police agencies violate Brown Act (open meetings)
Insane Company Wants To Send Nuke Plant Waste To New Mexico
Change Links May 2018
Worker-Owned Car Wash on Vermont Closed
GUIDE TO REBEL CITY LOS ANGELES AVAILABLE
lausd whistle blower
Help KCET and UCLA identify 60s-70s Chicano images
UCLA Luskin: Casting Youth Justice in a Different Light
Change Links April 2018
Nuclear Shutdown News March 2018
Join The Protest Rally in Glendale on April 10, 2018!
Spring 2018 National Immigrant Solidarity Network News Alert!
Anti-Eviction Mapping Project Shows Shocking Eviction Trends in L.A.
Steve Mnuchin video at UCLA released
More Local News...
Darkness Rises Hack MOD Generator
“Animaniacs in Concert!” Starring Voice Legend Rob Paulsen, Saturday, October 6th
Illegal Russians Invited to West Bank at Invitation of Israeli Government Outside jewish
Nous sommes le système
Prosecuted: Have you had an experience that changed your opinion of the justice system?
Big Brother chez vous, Big Brother partout
Change Links August 2018
Vietnam Labor Watch Tackles Outside and Inside Exploitation of Nation's workforce
What it means to be an artist
Setback for Developer of SC Farm Land
Video: Lawrence Tribe: To End a Presidency: The Power of Impeachment," 59 min
Génétique de l'environnement
Video: Thomas Frank: Rendezvous with Oblivion, 58 min
Philippines – Duterte 2 Years on: Destructive, Divisive, and Despotic
Anarchie et anarchisme
July 2018 Honduras Coup update
The iranian Backed Militia Hezbollah Bombs Communty Center in Argentina July 1995 85 Dead
The Shortwave Report 08/10/136/18 Listen Globally!
Paraphysique du taulard
Pantarchy: Voluntary State and a New Catholic Church: Stephen Pearl Andrews
Against Market Radicalism
Négoce du vol organisé
Paraphysique de la litote
Kudzu Root grows in many US states has anti alcoholism help
Syrian People Suffe after years of Russian Air Bombings and Attacks by the Syrian Army2018
Over 20 State Attorneys General Call for Shell Company Transparency
More Breaking News...