Category: Income Equality
How credit cards make us more unequal
Credit card companies fleece retailers to give high-end spenders cash back — a system the rest of us end up subsidizing. By Sam Pizzigati | February 10, 2020 What happens when we use our credit cards?…
The truth about corporate philanthropists
If they can “give back” so much, it’s probably because they’ve been taking too much. By Jim Hightower | February 5, 2020Our society has coined expressions like “philanthropist” to encourage and hail people’s charitable spirit. Look…
Rich and clueless? Buy a $500,000 armored car
By Jim Hightower If you’ve got more money than you can spend, you can spend your extra wealth on… guarding your extra wealth. “Imagine being Mark Zuckerberg, whose social media monopoly, Facebook, put another $27.3 billion…
Getting poorer while working harder: The ‘cliff effect’
Susan R. Crandall, University of Massachusetts Boston Forty percent of all working-age Americans sometimes struggle to pay their monthly bills. There is no place in the country where a family supported by one minimum-wage worker with…
Fight for $15 is fight for 14 euros in Europe
Amsterdam In the second meeting of what we are now calling the “The Organizing Forum” or TOF, which I choose to pronounce as TOUGH, more than forty organizers from the Netherlands, France, Brussels, the United Kingdom,…
Debt means “Can’t Win for Losing”
Ponce Arkansas Community Organizations, one of KABF and ACORN’s partners on many projects, especially those involving financial security for low-and-moderate income families, recently released a report about major debt that is oppressing these families. The…
The TurboTax trap: TurboTax tricked customers into paying to file taxes.
Now several states are investigating it. ProPublica revealed that TurboTax maker Intuit charged millions of Americans for tax filing services they were eligible to receive for free. Now multiple state attorneys general have opened investigations into…
