| Mar 8, 2023 | Economy / Business|HP Subfeatured|Rights / DemocracyIs your salary less than $160,200? If so, you’re among the 94 percent of American workers who pay into Social Security all year long. Thanks to a loophole that exclusively benefits the affluent, income above that amount simply isn’t taxed for Social Security. That...
| Jan 25, 2023 | Economy / BusinessI don’t usually cover sob stories, but this one is so touching it might make you cry. Or throw up. It’s about some workers who toiled all last year in the caverns of New York City, only to find at year’s end that their pay was being cut by up to 50 percent. Actually,...
| | Economy / Business|HP Subfeatured|Rights / DemocracySometimes the daily news about our billionaires just doesn’t make sense. Last year, for instance, ended with a torrent of news stories about how poorly the world’s billionaires fared in 2022. Bloomberg tagged the 12 months that had just gone past “a year to forget,”...
| Jan 18, 2023 | Economy / Business|HP FeaturedIf you work for a big corporation, there’s a very good chance your boss has already raked in more cash than you will all year. If the typical CEO of a large U.S. corporation clocked in at 9 am on January 2, by 3:37 pm that afternoon he’d made $58,260 — the average...
| Oct 19, 2022 | Economy / Business|Editors Picks|HP Featured|Rights / DemocracyMy wife and I recently had the tremendous misfortune of needing to buy a car. Car prices, you may know, reached an all-time high between this year and last. There are now rumblings of a gradual decline, but rising interest rates will likely offset any savings. So with...