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Why society is paying the price of inequality

When high levels of inequality are pointed out, a common response is that the “politics of envy” are being deployed. I heard the phrase myself when I tweeted recently that the share of income going to the richest 0.01% of adults in the UK was almost at a record high, …

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Hearing time

By BERNIE BECKER  08/19/2019 10:00 AM EDT With help from Toby Eckert PROGRAMMING NOTE: Morning Tax will not be published from Monday, Aug. 26 to Monday, Sept. 2. We’ll be back on our normal schedule on Tuesday, Sept. 3. Please continue to follow Pro Tax. Story Continued Below Editor’s Note: …

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Workers’ wage rises lowest on record

The latest official wage growth figures show Australian workers are still missing out on their share. Alan Austin reports. THE WAGES SLUMP the Abbott Government plunged Australia into back in 2014 is now firmly entrenched. More than five years after the first failed budget by disgraced former Coalition Treasurer, Joe Hockey, …

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Economic angst rises at bad time for Trump | TheHill

President TrumpDonald John TrumpTrump watching ‘very closely’ as Portland braces for dueling protests WaPo calls Trump admin ‘another threat’ to endangered species Are Democrats turning Trump-like? MORE is scrambling to quell questions about his stewardship of the economy as the rising odds of a recession pose a dire threat to …

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