The Irish Tax Blight

The Irish Tax Blight

Now that Apple’s shady-yet-legal scheme to funnel its income to low-tax Ireland is common knowledge, a question arises. Are its tactics connected to the concentration of massive wealth at the top of society while average Americans hang on by their fingernails...
These Hedges Need Trimming

These Hedges Need Trimming

They’re hunkering down at SAC Capital, the hedge fund empire of billionaire Steven A. Cohen. Federal prosecutors have been picking off SAC’s second bananas one by one, plea bargaining for information that brings them ever closer to Cohen. SAC coughed up...
Uncle Sam: Please Tax the Titans

Uncle Sam: Please Tax the Titans

I’ve already told you the story of Mrs. Campbell, my well-meaning high school guidance counselor. In case you missed it, I’ll tell you again. High school seniors in Detroit, where I grew up, had career counseling before they were turned loose on society. You took...
A Primer for Taming Corporate Power

A Primer for Taming Corporate Power

The 79-year-old corporate gadfly Robert Monks, the former top federal regulator over America’s pension system, earlier this year opined that Corporate America operates “for the personal enrichment and glorification of its manager-kings.” Too harsh a...
Don’t Fence Me In

Don’t Fence Me In

No job now, Provides the pay, To let me find, A place to stay. Many folks with big incomes are responding to the tensions of America’s growing economic inequality by moving into gated communities. This isn’t new, just growing more common. Ten percent of us...