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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.

What's Really Draining State Money?

To become less unstable, states are going to have to first become less unequal.
Posted on Jul 8, 2009

Apologists for the Rich Are Scraping the Bottom of the Barrel

In a down economy, apologists for the awesomely affluent are having to dig deep for inspiration. In the process, they're looking dopey.
Posted on Jul 1, 2009

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

The Obama administration has watered down the rules on executive pay into mushy prescriptions that pose no real threat to the Big Boys' windfalls.
Posted on Jun 25, 2009

Remembering When CitiGroup "Cared" About Inequality

In 2005, a Citigroup team began arguing that what “average” consumers do with their money really doesn’t matter any more.
Posted on May 19, 2009

A Serial Job-Killer Is Stalking America

With Barack Obama's election, real reform has once again become politically viable. And America's anti-union business leaders know it.
Posted on Apr 27, 2009

Solving the Mystery of the Richest Americans' Missing Wealth

Families in the top 1 percent are grabbing a rising share of the nation’s income -- why does the data show no jump in their share of the wealth?
Posted on Apr 20, 2009

Tax Day: You Pay Your Taxes -- Why Don't the Rich Pay Their Share?

Few Americans realize just how incredibly little our nation's wealthy now pay in taxes. Our grandparents seriously taxed the rich. Why can't we?
Posted on Apr 15, 2009

Down But Not Out at $464 Million a Year

Hedge fund manager earnings remain, despite the global financial collapse, at absolutely stratospheric levels.
Posted on Apr 4, 2009

What Would the Man Who Got Us Out of the Last Depression Do About Wall Street's Greed?

What would FDR do if he were around to see AIG's bonus bozos spit in the face of the American taxpayer?
Posted on Mar 23, 2009

Sad News: America's Billionaires Facing Tough Times

Have billionaires, as some observers claim, now 'suffered' their way back to the rest of us? Nope.
Posted on Mar 20, 2009

Is Taxing the Super Rich a Waste of Time?

Critics of Obama's tax plan claim the uber-rich will find a way to evade tax hikes. But history tells a different story.
Posted on Mar 10, 2009

Obama Is Right to Take on the Very Rich

They're paying far less of their incomes in taxes than average Americans.
Posted on Feb 24, 2009

A-Rod and Inequality: A Lesson Worth Learning

Yet again, the latest sports scandal demonstrates the perils of inequality.
Posted on Feb 19, 2009

The Audacity of Hope Tackles the Enormity of Inequality

Our new White House has begun a counterattack against the grand divide between the rich and everyone else. It will be an uphill battle.
Posted on Feb 14, 2009

Class Matters: UK Law Would Require Gov't to Lessen Inequality

Last week, a Labor Party "white paper" offered a surprisingly novel -- and rather remarkable -- proposal.
Posted on Feb 3, 2009

The Great New Surge in CEO Self-Sacrifice: Is It For Real?

Some CEOs are taking pay cuts. But here's why it's really faux sympathy for truly struggling workers.
Posted on Jan 16, 2009

Nelson Rockefeller's Deepest, Darkest Secret: Not As Rich As People Believe

In our staggeringly unequal times, the source of Rocky's distress can offer the rest of us some welcome public policy inspiration.
Posted on Jan 8, 2009

Financial Meltdown Provides Final Verdict on Reaganomics

The economic meltdown may finally have ended the era that began when Ronald Reagan became President.
Posted on Jan 7, 2009

The 10 Greediest People of 2008

For obvious reasons, we probably couldn't have picked a better year than 2008 to "honor" our most avaricious.
Posted on Dec 23, 2008

Congress Grills Hedge Fund Titans, Gently

Lawmakers still haven't recognized danger of concentrated wealth to the economy.
Posted on Nov 17, 2008

Setting Sights at the Top is the Key to Governing from the Middle

To govern effectively for the middle of America's economic ladder, Obama is going to have to take aim at the top.
Posted on Nov 13, 2008

The Massive Wealth Redistribution that Doesn't Bother John McCain

Upward wealth redistribution has taken billions of dollars out of the pockets of average Americans.
Posted on Nov 1, 2008

Cheating Uncle Sam

America's tax cheats come disproportionately and overwhelmingly from the ranks of America's rich.
Posted on Oct 29, 2008

The Hedge Fund Meltdown: Another Reason Wealth Needs Spreading

The hedge fund industry's ever-widening crash is likely going to leave average Americans the hardest hit. Here's why.
Posted on Oct 26, 2008

Let's Make Wall Street Execs Pay for Cleaning Up the Mess They Made

The "polluter pays" principle works in the environmental realm -- we can apply it to the financial meltdown too.
Posted on Oct 16, 2008

Wall Street's Meltdown: How America Caught Speculative Fever

To fix the U.S. economy, we don't need a bailout that rescues the rich. We need a bailout that soaks them.
Posted on Oct 8, 2008

Truth, Lies, the Bailout and CEO Pay

The bailout does precious little to limit the extravagant pay that gives top executives the incentive to behave outrageously.
Posted on Oct 6, 2008

In Wake of Crash, McCain Talks Tough About CEO Pay -- Will Congress Call His Bluff?

The candidate is proposing a radical restriction on pay for CEOs of bailed-out firms.  But is he serious or is this just election season populism?
Posted on Sep 23, 2008

Should Uncle Sam Be Helping CEOs Get Richer?

America's overpaid corporate execs have plenty of people to thank for their good fortune, including average American taxpayers.
Posted on Aug 28, 2008

The Democratic Party Platform's Missing Plank

The Democrats have, once again, chosen not to challenge the incredible concentrations of wealth that sit at America's economic summit.
Posted on Aug 26, 2008

America's Invisible Rich

Politicians can't seem to see any wealthy people when deciding whom to tax.
Posted on Aug 25, 2008

News Flash: Conservatives Discover Inequality (at Least in the UK)

In the UK, conservatives don't have to take the blame -- inequality has soared over the last decade with the Labor Party running the show.
Posted on Aug 13, 2008

America's Richest Will Pay More Under Obama's Tax Plan

A debate between campaign economists on taxes shows a clear divide on tax policy between Obama and McCain for America's wealthiest.
Posted on Aug 1, 2008

Banks Paying a Price for Their Epic Greed

Is banking merely a grubby game where the few enrich themselves at the expense of the many?
Posted on Jul 23, 2008

Does Greed Fuel Stupidity in Corporate America?

It's good to reward the best and the brightest, but when those rewards are too great they become incentives for bad, and dumb, behavior.
Posted on Jul 10, 2008

The Chamber of Commerce's Perverse Corporate Culture Continues to Shine

There was a day when the Chamber was more than an ideological organization.
Posted on Jun 25, 2008

A Comparative Tax Story: Obama, McCain, and Ike

Why this November's election may matter more to America's super-rich, in terms of the bottom-line, than any other in U.S. history.
Posted on Jun 18, 2008

Scott McClellan Isn't Exposing Bush's Economic Big Lies

Yes, the administration lied repeatedly to get us into Iraq, but what about the spin campaign around the estate tax?
Posted on Jun 12, 2008

Why Oil Prices Are So High

Looking for villains around the gas pump? Look at the super-rich making bets with billions while regular people always lose.
Posted on Jun 10, 2008

A Land Where CEOs Have Stopped Smiling

The Dutch are angry about over-the-top CEO pay, and they're not going to take it any more.
Posted on May 27, 2008

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