On February 20th, 2014, Matt Taibbi sent shockwaves through the media landscape, announcing that he was leaving his long-time position at Rolling Stone for a new venture working alongside Glenn Greenwald, Jeremy Scahill, and Laura Poitras. Although Taibbi’s site has yet to launch, he has had time to finish and release his newest book “The Divide: American Injustice in the Age of the Wealth Gap“. Having recently finished it, I believe that it may be one of the most important books of the year. Continue reading
income inequality
3 posts
Henry Blodget put together a simple yet incredibly effective presentation over at Business Insider yesterday. The series of economic charts tell the story of how the rich have spent much of the past 25 years steadily taking ownership of nearly the entire U.S. economy. The 99% indeed.
On June 7, 2001, President George W. Bush signed legislation to disperse $1.35 trillion dollars worth of tax cuts over ten years. Formally known as the Economic Growth and Tax Relief Reconciliation Act of 2001, it was the first piece of major legislation W passed as President.
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