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  • New Wage Data Paint Stark Reality for Workers

    1 in 34 earned nothing in 2009 Latest payroll tax data reveal something really scary. David Cary Johnston at tax.com reports on the troubling new statistics released earlier this month by the Social Security Administration: Every 34th wage earner in America in 2008 went all of 2009 without earning a single dollar, new data from […]

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  • Billionaires Get all the (Tax) Breaks

    Top tax rates plummet even as incomes ‘skyrocket’ The world has turned upside down. Over the past few decades, if you were among the richest 400 taxpayers in the United States, the more money you made, the less you paid in taxes. That’s the finding of a new report issued by the Center on Budget […]

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  • Executive PayWatch 2010

    Wall St taking outrageous pay to fight financial reform A chief executive officer of a Standard & Poor’s (S&P) 500 index company was paid, on average, $9.25 million in total compensation in 2009.[1] At the same time, millions of workers lost their jobs, their homes and their retirement savings in the worst financial crisis since […]

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