A compulsory contribution to government for facilities or services, typically levied upon income, goods, services, and transactions.
About half of American families pay little to no federal income tax after tax credits and deductions. Payroll taxes, excise taxes, and sales taxes hit the average American family the hardest.
We explain neoliberalism, globalization, nativism, and protectionism and the pros and cons of “neoliberal globalization” and “nativist protectionism.”
Below we present an annotated version of Andrew Carnegie’s 1889 essay Wealth (better known as the Gospel of Wealth).
Politics can be treated as a science (political science), but it must always seek data that can be confirmed by our senses (empirical evidence).
We examine the historical effects of social, political, and economic inequality on society to see how it has led to social unrest and events like revolutions and populist uprisings.
A progressive tax (those who make more pay more) is generally “more fair” than a flat tax (everyone pays the same rate).
We explain economic inequality from a historical perspective, and then consider the effects of wealth inequality and income inequality in America today.
Velocity of Money is a measure of money exchanged over time, typically how often and quickly the average dollar is exchanged per day.
A series of social and legislative changes in the 60’s ended an era of tuition-free state universities in the US and started the current student loan crisis.
Single payer isn’t “government run healthcare,” single payer only describes funding, not who manages the fund or how healthcare is delivered.