Inequality keep growing at a time when US corporations are incurring record profits. How do we fix this? On Sunday’s op-ed for the Washington Post, Summers said that changing the tax code to eliminate loopholes that benefit the rich – such as capital gains exemption, estate tax provisions, and corporate tax breaks- would help the [...]

On average, each American family pays $6,000 a year to profitable corporations that outsource jobs, according to a Buzzfeed investigation. As an average, middle-class families earning over $72,000 give a lot more than $6,000 to the super-rich. Big business suck billions of dollars from direct subsidies and grants, incentives, interest rates, retirement funds, corporate tax [...]