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Mnuchin Wall Street Bail Out
Pandemic Profiteers

With Rent Freezes About to Expire, Mnuchin Lobbies for More Wall Street Bailouts

Tech Giants Eye Lucrative Rent Market as End to Eviction Moratorium Could Leave Millions Homeless

A “tsunami” of evictions is about to sweep across the United States when the 120-day moratorium ends today, threatening millions of Americans with homelessness or worse – a new set of landlords called Facebook, Google and Apple.

يوليو 24th, 2020
Raul Diego
يوليو 24th, 2020
بواسطة Raul Diego

In a 'normal', pre-pandemic economy, a number roughly equal to the population of Pittsburg, Pennsylvania - or about 3.7 million people - are evicted every year in the United States, according to Matthew Desmond, principal investigator of Princeton University's "Eviction Lab" project, which tracks evictions throughout the country and produces the

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The Dem’s $3 Trillion Dollar HEROES Act Can Not Brace Us for the Coming Shock

As the Trump show continues and each side of the political aisle takes aim at each other, the economy’s freefall is quickly reaching catastrophic levels.

مايو 18th, 2020
Raul Diego
مايو 18th, 2020
بواسطة Raul Diego
HEROES ACT Feature photo

The actual number of people who stand to benefit the most from last month's CARES Act could fit into Dodger Stadium and still have plenty of elbow room to catch any foul balls that might come their way. Just 43,000 of the richest Americans, those making at least $1 million a year, were handed a $1.6 million-dollar average "windfall" by provisions

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GOP Tax Cuts in Coronavirus Relief Bill Give 82% of Benefits to Millionaires and Billionaires

A new report suggests that a tax cut quietly inserted into the Coronavirus Aid, Relief, and Economic Security Act will add almost $170 billion to the deficit over the next ten years and overwhelmingly benefit the ultra-wealthy.

أبريل 15th, 2020
Alan Macleod
أبريل 15th, 2020
بواسطة Alan Macleod
Coronavirus Tax Cut

Hidden away in the Coronavirus Aid, Relief, and Economic Security (CARES) Act is a series of Republican tax cuts that will save the ultra-wealthy $90 billion in 2020 alone. According to a report from the Joint Committee on Taxation (JCT), a nonpartisan congressional body, almost 82 percent of the benefits of the tax breaks will go to just 43,000

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