wealth inequality

How the Trump tax law created a loophole that lets top executives net millions

BY: - August 24, 2021

By Robert Faturechi and Justin Elliott, Pro Publica This story was originally published by ProPublica. In the months after President Donald Trump signed the Tax Cuts and Jobs Act in December 2017, some tax professionals grew giddy as they discovered opportunities for their clients inside a law that already slashed rates for corporations and wealthy […]

COMMENTARY

Let’s celebrate working people by unrigging the economy

BY: and - September 7, 2020

This Labor Day will be different. If they happen at all, most parades and cookouts will be smaller and socially distanced. One way we’ll celebrate, though, is by reflecting on the incredible acts of selflessness and generosity performed by Ohio’s working people during this pandemic — from the ICU nurse in Cleveland tending to a […]

COMMENTARY

The world on a billionaire’s budget

BY: - July 30, 2020

The world’s wealthiest are prospering. As of February 2017, there were about 2,000 billionaires in the world. This micro-elite controls over US$7.6 trillion, an increase of 18% from 2016. A billionaire’s spending power is difficult to grasp, both because most people do not correctly intuit large numbers, and because a billion dollars far outstrips most […]

COMMENTARY

Money buys even more happiness than it used to

BY: - July 15, 2020

Many factors determine happiness, but one has stirred considerable controversy over the years: money. While the old adage says that money can’t buy happiness, several studies have determined that the more your income increases, the happier you are, up until US$75,000 a year. After hitting that threshold, more income doesn’t make a difference. But in […]