Stories by Sam Pizzigati

Sam Pizzigati is the editor of the online weekly Too Much, and an associate fellow at the Institute for Policy Studies.subscribe to Sam Pizzigati's rss feed

Runaway Greed Is Destroying America: Should There Be a Lid on How Much Someone Can Make?

Posted on Feb 9, 2012, Source: AlterNet

Today we take the idea of a minimum wage for granted. Who knows what tomorrow may bring?

Conservatives Say Breaking the Law is Normal for Rich People at Tax Time

Posted on Jan 31, 2012, Source: Too Much: A Commentary on Excess and Inequality

The rich don’t much like paying taxes when tax rates run high. They don’t much like paying taxes when tax rates run low either.

Presenting the Ten Greediest Americans of 2011

Posted on Dec 13, 2011, Source: Too Much: A Commentary on Excess and Inequality

You don't have to make a million to rate as an all-star greedster. You do have to be ruthless, self-absorbed and grossly insensitive.

Class Segregation: Rich Hunker Down in Wealthy Enclaves -- Leaving the Rest of America's Neighborhoods to Deteriorate

Posted on Nov 27, 2011, Source: Too Much: A Commentary on Excess and Inequality

America's rich haven't just become richer, according to a new study. They've become far more likely to live among their own kind.

Runaway CEO Pay Helped Create the Economic Crisis; So Why Are Politicians Still Covering For Rich Execs?

Posted on Aug 31, 2011, Source: AlterNet

A new study looks at the worst executive excesses--while Congress continues to help CEOs hide their outrageous pay rates from the public.

Plutocracy: If Corporations and the Rich Paid 1960s-Level Taxes, the Debt Would Vanish

Posted on Jul 24, 2011, Source: Campaign for America's Future

By feeding the rich and their corporations one massive tax break after another, lawmakers have thrown a monstrous monkey wrench into our national finances.

Appalling Greed: Richest 400 Average $270.5 Million Incomes, Pay Almost Nothing in Taxes

Posted on May 16, 2011, Source: Blog for Our Future

Compare that to 1955, when the country's most affluent made far less money and paid 51 percent of their income in taxes.

Hedge Funders Have an Achilles Heel, Pray the Public Stays Ignorant About It

Posted on Apr 4, 2011, Source: Blog for Our Future

Hedge fund honchos bet on everything from gold to lawsuits. But their big bet is that we won't wise up to the giveaway our current tax code ladles on them.

Tea Partiers Bash Pay for NPR Execs but Ignore Fat-Cats in Corporate America Getting Fatter on Tax Subsidies

Posted on Mar 21, 2011, Source: Other Words

If the Right really believed that firms with lavishly paid execs can do without taxpayer support, they wouldn't be wasting their time ranting against public broadcasting.

"Tax, Tax, Tax the Rich!" Calls to Tax Wealthy Making Right Wingers Sweat?

Posted on Mar 20, 2011, Source: Blog for Our Future

A simple but powerful chant is now starting to reverberate, all across the country, in protests against budgets cuts gone wild.

Peddling Poison for Fun and Profit: How Executives' Greed Destroyed the Economy

Posted on Feb 11, 2011, Source: Too Much: A Commentary on Excess and Inequality

The Financial Crisis Inquiry Commission has had virtually no backers. Neither the White House nor Democratic lawmakers have done much to give its report legs.

The Tax That Turned Reagan From a Labor-Loving FDR Dem to the Father of Backlash Conservatism

Posted on Feb 1, 2011, Source: Too Much: A Commentary on Excess and Inequality

In the middle decades of the 20th century, the steeply graduated progressive income tax meant that the super-rich saw their share of the nation’s income drop precipitously.

Life at the Top: Endless Obscene Bonuses for Execs, Everyone Else Getting Shafted

Posted on Jan 31, 2011, Source: Blog for Our Future

We historically, here in the United States, have had a word for power imbalances this striking and stark: plutocracy, or rule by the rich.

Democratic Governors in California and New York Looking to Put Final Squeeze on Middle Class

Posted on Jan 24, 2011, Source: Too Much: A Commentary on Excess and Inequality

Cuomo and Brown are attacking the notion that the public policies we choose, the public goods we provide, can create better lives -- the core of America’s middle class.

Wall Street Desperately Trying to Kill Law That Could Curb Obscene CEO Pay

Posted on Jan 9, 2011, Source: Blog for Our Future

Corporate America is working feverishly behind the scenes to smother a new federal mandate to roll back excessive executive pay.

Rich Are Shifting 'An Unbelievable Amount of Wealth' Beyond Reach of IRS

Posted on Jan 7, 2011, Source: Too Much: A Commentary on Excess and Inequality

A widely overlooked provision in last month’s tax cut deal is going to speed even more wealth to America’s Paris Hilton set.

The 10 Greediest People of the Year

Posted on Dec 20, 2010, Source: Campaign for America's Future

They came, they saw, they took it all. Welcome to the world where thieves have no honor, and those who hone their talents hammering the rest of us are lavishly rewarded.

With Wealth Highly Skewed Toward the Top, US Ranks 12th in New Measure of Human Development

Posted on Dec 1, 2010, Source: Too Much: A Commentary on Excess and Inequality

We have more inequality today than we had back in 1990, the year the UN Human Development Index first appeared.

Ripoff CEO Pay for Private Contractors: the Budget ‘Waste’ Deficit Hawks Never See

Posted on Nov 19, 2010, Source: Too Much: A Commentary on Excess and Inequality

In 2009, the top 100 private purveyors of public services gobbled up $130 billion in federal contracts. In 2003, nine CEOs at for-profit colleges took in over $45 million each.

As Middle America Scrambles to Keep a Roof Overhead, the Few at the Top Break Campaign Spending Records

Posted on Nov 2, 2010, Source: Too Much: A Commentary on Excess and Inequality

For the ultra-wealthy masked behind the shadowy network, political contributions offer a return few other investments can match.

New Tally of Global Wealth Illuminates Staggering Disparities

Posted on Oct 21, 2010, Source: Too Much: A Commentary on Excess and Inequality

The study’s starkest data snapshot? Maybe this: Half the people aged 20 and over in the world today hold under 2 percent of world wealth.

Modest Tax on Billionaires Could Erase Budget Shortfalls of Every Single US State

Posted on Sep 28, 2010, Source: Too Much: A Commentary on Excess and Inequality

The ten richest Americans on the new Forbes list carry, all by themselves, more than the inflation-adjusted net worth of the entire initial Forbes 400 list back in 1982.

The For-Profit College Scam -- Pocketing Tax Dollars and Subsidizing Economic Inequality

Posted on Sep 17, 2010, Source: Too Much: A Commentary on Excess and Inequality

The power suits who run the for-profit educational industry enjoy paychecks in the multi-millions, often quadrupling the profit margins of defense contractors.

Are Our Bosses Becoming Meaner?

Posted on Jul 17, 2010, Source: Campaign for America's Future

The huge pay gaps between executives and workers enhance the sense of power bosses feel and cause them to objectify lower level employees.

Obama Bows to the Whining of the Rich

Posted on Feb 10, 2010, Source: Campaign for America's Future

After corporations and rich folk began to complain, the White House scaled back its proposals aimed at companies that shift profits offshore.

Radical Inequality Is Literally Killing Us

Posted on Jan 27, 2010, Source: AlterNet

New scientific research shows that Wall Street's war on the middle class is sabotaging our longevity.

10 Greediest People of 2009

Posted on Dec 22, 2009, Source: Too Much: A Commentary on Excess and Inequality

As ordinary Americans reel from the Great Recession, these gluttonous all-stars continue to claw in absurd amounts of money.

Congress Can Kill Outlandish Bonuses for Wall Streeters: Why Won't They?

Posted on Dec 2, 2009, Source: Too Much: A Commentary on Excess and Inequality

We need more protection from corporate greed than the current mainstream antidotes provide. Americans get this. Too bad moderate reformers don't.

What Happened to That Prosperity Tax-Cutters Promised Us?

Posted on Nov 24, 2009, Source: Too Much: A Commentary on Excess and Inequality

Members of the super-rich elite don't care who gets burned by 30 years of tax cuts. Here's why we should.

Why Can't Prosecutors Even Come Close to Taking Down Wall Street Thugs?

Posted on Nov 17, 2009, Source: Too Much: A Commentary on Excess and Inequality

As the big bank bonus grab shifts into overdrive, doing "God's work" has never seemed so lucrative.

Have the Very Wealthy Achieved Victory in Their Class-War?

Posted on Nov 3, 2009, Source: Dollars and Sense

We don’t want our tax dollars aiding companies that increase social inequalities. So why do we let our tax dollars help companies that increase economic inequality?

Bonus Bandits: Why Are Bank Execs Making a Killing in the Midst of Catastrophe?

Posted on Oct 20, 2009, Source: Too Much: A Commentary on Excess and Inequality

Welcome to post-meltdown America. One year and counting after last fall’s high-finance collapse, average Americans are reeling and Wall Street is rejoicing.

A Little Help From Your Friends: How Common Security Clubs Can Mend Our Social Fabric

Posted on Oct 13, 2009, Source: Too Much: A Commentary on Excess and Inequality

As the activities of many are beginning to illustrate, conquering economic inequality means banding together.

Turning Lead Into Gold: How CEOs' "Performance Incentives" Are Screwing Everybody

Posted on Oct 6, 2009, Source: AlterNet

A new Institute for Policy Studies Report shows how big-business bubbles are keeping CEOs in the black -- and robbing the little guy.

Lies and Statistics: What Does Our Obsession with Gross Domestic Product Obscure?

Posted on Sep 28, 2009, Source: Too Much: A Commentary on Excess and Inequality

A new report by two celebrated economists attempts to reform the way we view a country's wealth.

There's a Bubble That Still Threatens the Entire American Economy ... and Few Are Talking About It

Posted on Sep 2, 2009, Source: AlterNet

Outrageously large rewards for executives give executives an incentive to behave outrageously -- and engage in behaviors that put the rest of us at risk.

New Study Exposes 2007 as the Year of the Super-Rich

Posted on Aug 18, 2009, Source: Too Much: A Commentary on Excess and Inequality

In 2007, the year before the Great Recession began, America's super rich partied — as never before. The evidence? We look at the year's freshly crunched income numbers.

What's Really Draining State Money?

Posted on Jul 8, 2009, Source: Too Much: A Commentary on Excess and Inequality

To become less unstable, states are going to have to first become less unequal.

Apologists for the Rich Are Scraping the Bottom of the Barrel

Posted on Jul 1, 2009, Source: Too Much: A Commentary on Excess and Inequality

In a down economy, apologists for the awesomely affluent are having to dig deep for inspiration. In the process, they're looking dopey.

So What Happened to That Talk About Reining in CEO Pay?

Posted on Jun 25, 2009, Source: AlterNet

The Obama administration has watered down the rules on executive pay into mushy prescriptions that pose no real threat to the Big Boys' windfalls.

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