This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. The debate in Congress is over how to ...
Growing economic inequality is either “a major issue of our time” or “a defining challenge of our time,” depending on your taste for hyperbole. Given America’s recent experience, however, I would like ...
Contrary to conventional wisdom, the most dramatic and consequential change in the distribution of income in America in the past half-century isn’t rising income inequality but the extraordinary ...
Every year since 1985, the annually released Social Security Board of Trustees Report has cautioned that long-term revenue collection (i.e., the 75 years following the release of a report) wouldn't be ...
For the first time in Social Security's 90-year history, we witnessed the average monthly retired-worker benefit surpass $2,000. Additionally, the 2.7% cost-of-living adjustment (COLA) passed along to ...
Review & Outlook: Analysis from the Congressional Budget Office, Syracuse University and the National Taxpayer Advocate suggest Democratic Party claims that only high earners will be squeezed in the ...
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