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The folks at Pew Research released new poll results today confirming that Americans are increasingly sick and tired of the nation’s growing economic inequality and want government to do something about it. Even sizable percentages of Republicans favor strong action.

“There is broad public agreement that economic inequality has grown over the past decade. But as President Obama prepares for Tuesday’s State of the Union, where he is expected to unveil proposals for dealing with inequality and poverty, there are wide partisan differences over how much the government should – and can – do to address these issues.

The new national survey by the Pew Research Center and USA TODAY, conducted Jan. 15-19 among 1,504 adults, finds that 65% believe the gap between the rich and everyone else has increased in the last 10 years. This view is shared by majorities across nearly all groups in the public, including 68% of Democrats and 61% of Republicans.”

And while there is a significant partisan divide, overall majorities were large for some common sense solutions and assessments of the source of the problem: Read More

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April 15Suggested readings for Tax Day 2013:

Joseph Stiglitz in the New York Times on “A Tax System Stacked Against the 99 Percent,”

Travis Waldron at Think Progress on “Five Ways the Tax Code Subsidizes the Wealthiest Americans,”

David Cay Johnston on the fast-shrinking budget of our national tax police, and, of course,

our own recent series – “Profiles in corporate tax avoidance” featuring profiles of Duke Energy, Merck & Co. and International Paper.

 

 

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It’s hard to know what’s more offensive: The fact that the old Wake School Board agreed to pay former Superintendent Anthony Tata $250,000 per year in the first place or the fact that the man accepted that much money and is now apparently accepting a severance payment of the same amount.

One of the biggest scams in modern America is, what Nobel Prize-winning economist Dr. Paul Krugman accurately describes as, “the rise of the imperial CEO.” Over the last few decades, Americans have been snookered into believing that supposedly brilliant chief executives are somehow worth the princely sums they demand and receive.

This  is, in a word, baloney. Read More

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In case you had any doubt that it helps a lot in modern American politics to be rich — I mean really rich — consider the case of two former candidates for President who have or will stand before banks of TV cameras in Greensboro, North Carolina this week.

One is a rich, dishonest and narcissistic adulterer with expensive hair. The other is…a rich, dishonest and narcissistic adulterer with expensive hair.

Here’s the big difference between the two (other than their politics — a place where one of the two has actually expressed concern for the less fortunate at times during his life): One guy is pretty rich and the other guy is REALLY rich.

Now, guess which one just missed going to jail by the skin of his teeth and which one will be treated like royality while serving as the keynote speaker of the North Carolina Republican Party convention.

See what I mean about the importance of being REALLY rich?