Obama to Unveil Deficit Reduction Plan
President Obama will announce a deficit reduction plan that will reduce government spending by $3 trillion through cutting entitlements, tax increases, and war savings. The plan is the White House's...
View ArticleCredit Suisse Pleads Guilty in $2.6 Billion Criminal Case
For the first time in two decades, a major bank has pleaded guilty to criminal charges.Agreeing to pay $2.6 billion in penalties, Credit Suisse admitted to helping wealthy Americans evade their taxes...
View ArticleObama to Call For More Taxes for The Super Rich
Tomorrow in his State of the Union address, President Obama is expected to urge Congress to raise taxes for the wealthiest Americans and the nation's biggest financial firms.The additional...
View ArticleHow Much is Enough? Study Says Half of Global Wealth Held by 1%
The rich are on a roll.Former New York City Mayor Michael Bloomberg saw his wealth increase 22 percent from 2013 to 2014 to a whopping $27 billion. During the same time period, hedge fund manager...
View Article30 Issues: Funding Pre-K
It's Education Week on the Brian Lehrer Show's election series "30 Issues in 30 Days." See the full 30 Issues schedule and archive here. NYC Mayoral candidate Bill de Blasio says he will tax the...
View ArticleMastering the Art of Serving the Rich
In the latest Harper's Magazine, John Davidson, author of the upcoming novel The Obedient Assassin (Delphinium, 2014), wrote about taking an 8-week course to learn estate management and how to enter...
View ArticleThe Ultra-Rich Hijacking American Politics
Kenneth Vogel gives a tour of a new political world dramatically reordered by ever-larger flows of cash. Vogel talks about the secret gatherings of big-spending Republicans and Democrats alike—from...
View ArticleIs This NJ Town the Wealthiest Zip Code in America?
Zip code 07078 in Short Hills, New Jersey, may not have the same ring as 90210 in Beverly Hills, but it’s been declared the wealthiest zip code in America by Time Magazine.About 70 percent of its...
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