Now it’s becoming clearer that the Trump/GOP tax cuts they passed last year will raise taxes for millions of middle class Americans, so that the 1% can get another $1 trillion handout.
The title of recent article in Bloomberg Businessweek says it all: Top 1% Got 93% of Income Growth as Rich-Poor Gap Widened. Much of this imbalance in income growth can be explained by looking at where the growth has happened. Big gains in the stock market have buoyed most indexes close to pre-recession levels, but […]
Here’s a headline that should make us happy: “Trump, Battered in Washington, Is Buoyed at Boeing Rally.” That was from the New York Times, last Friday. But the funny thing is, there was no Boeing rally in our state, where the vast majority of Boeing workers live and work, making the vast majority of Boeing’s […]