Sam Pizzigati

Articles by this author

"Within that top 20 percent, well over half the benefits have gone to the top 5 percent, and over half those top 5 percent benefits have gone to the top 1 percent." (Photo: Fight Back! News/Kim DeFranco) Views
Monday, July 16, 2018
A Sweet New Century for America’s Most Privileged
The United States ended the 20th century on a roll — for the rich. Between 1973 and 2000, the nation’s most prosperous 1 percent tripled their incomes, after taking inflation into account. The even more prosperous top tenth of that 1 percent did quite a bit better. Their incomes more than...
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"Disclosing data on the gaps between corporate execs and what they pay their typical workers will help us become more civilized." (Photo: Dean Chahim/flickr/cc) Views
Monday, July 02, 2018
Income Distribution For Minimum Decency, a Maximum Wage
In the United States today, a just-released Federal Reserve report informs us , over a fifth of the nation’s families simply cannot afford to “pay all of their current month’s bills in full.” Over a quarter of families, the report goes on, skip “necessary medical care” because they can’t afford the...
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Sunday, June 10, 2018
Wage Theft: To Fight the Crime, Attack the Motive
The American economy rests ultimately on trust, a mutual understanding between employers and employees that each side, in the end, will behave honorably. A fair day’s wage, as the classic formulation puts it, for a fair day’s work. "These corporate pillars are committing their thievery on many...
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"Income and wealth have concentrated to a degree unimaginable in the early 1990s."(Photo: Steve Rhodes/flickr/cc) Views
Monday, June 04, 2018
For Minimum Decency, A Maximum Wage
In the United States today, a just-released Federal Reserve report informs us , over a fifth of the nation’s families simply cannot afford to “pay all of their current month’s bills in full.” Over a quarter of families, the report goes on, skip “necessary medical care” because they can’t afford the...
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U.S. CEOs average over quadruple the global major corporate CEO average, with $14.25 million in annual pay and a 401 index value. (Photo: Rob Hyrons/Shutterstock) Views
Wednesday, May 30, 2018
U.S. CEOs Are World’s Best – For Themselves
No single statistic, in isolation, tells us particularly much. Numbers only gain real meaning when we compare them. Take, for instance, the figure for the increase in CEO pay last year at major American corporations. A statistic for this increase — 6.4 percent — appears in the just-released 2018...
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 "In 1980, the year Ronald Reagan won the White House, America’s most affluent still faced a 70 percent tax on their top-bracket income." (Photo: Fight Back! News/Kim DeFranco) Views
Tuesday, April 17, 2018
Why Should We Tax the Rich?
The orthodoxy that dominates today’s Republican Party — and the ranks of “business-friendly” Democrats — rests on a simple approach to economic policy. Let’s be nice, this orthodoxy holds, to rich people. Let’s be particularly nice at tax time. Let’s keep taxes on rich people, conservatives advise...
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 Nations "turbocharge their inequality" when they "let their wealthiest carve generous loopholes in their tax codes," the author writes. (Photo: Joe Brusky/flickr/cc) Views
Sunday, April 01, 2018
A Bigger Welcome Mat for America’s Tax Evaders
Every nation levies taxes. Some nations levy well. In these admirable nations, tax systems spread the tax burden fairly. Those who can readily afford to pay more in taxes do pay more. Other nations tax poorly. They set low tax rates on high incomes. Officials in these nations let their wealthiest...
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"Musk is essentially investing our billions in his own pet projects, everything from the Mars gambit to establishing a mass-market niche for high-tech flamethrowers." (Photo: Steve Jurvetson / Flickr) Views
Wednesday, March 21, 2018
Billionaires Won’t Save the World — Just Look at Elon Musk
Will Mars save humanity? Or will our savior be billionaire Elon Musk? Musk, the CEO of SpaceX and Tesla, humbly believes we don’t have to choose. Mars will save us, he promises, and Musk himself will engineer this Mars miracle. In 2019, Musk claims, SpaceX will start making short trips to Mars. By...
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President Woodrow Wilson asking Congress to declare war on Germany on April 2, 1917. Views
Monday, March 12, 2018
A Media Mogul’s Noble Challenge to Moguldom
In today’s monopolistic media environment, the E.W. Scripps Company doesn’t rate as anything close to a top-tier power. The Cincinnati-based TV and digital media provider’s main claim to fame these days may well be its sponsorship of America’s National Spelling Bee. How inconsequential has Scripps...
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 "We’re talking about the mega-billionaire family behind one of America’s most profitable drug-industry empires, the privately held Purdue Pharma." (Photo: A./flickr/cc) Views
Thursday, February 22, 2018
The Big Pharma Family that Brought Us the Opioid Crisis
If the devil wears Prada, what do America’s most destructive drug pushers wear? They wear smiles. The drug pushers we have in mind here have caused hundreds of thousands of deaths, enough fatalities to decrease overall U.S. life expectancy at birth for the last two years running. Yet no police SWAT...
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