Archive

Category: Economy

It’s Not Just Freezing Classrooms in Baltimore. America’s Schools Are Physically Falling Apart.

Matthew Cunningham, 18, a senior at Baltimore Polytechnic Institute, talks about the cold temperatures in the school as he leaves for the day.Kim Hairston/Baltimore Sun/ZUMA Looking for news you can trust?Subscribe to our free newsletters. This week, as the “bomb cyclone” ravaged cities along the East Coast, schools across the northeastern and southern United States were forced to shut down due to…

A Quick Guide to Legal Pot in California

Mother Jones illustration Looking for news you can trust?Subscribe to our free newsletters. For Californians, legal cannabis is right around the corner. But we have questions. And as it turns out, many of you do, too. A couple weeks ago we wanted to know what questions you had about pot, and the responses were overwhelming.…

Trump Just Signed a $1.5 Trillion Tax Cut for the Rich. Here’s How We Could Have Spent That Money.

Mike_Kiev/iStock/Getty Images Looking for news you can trust?Subscribe to our free newsletters. President Donald Trump signed the sweeping Republican $1.5 trillion tax bill on Friday morning, ballooning the country’s deficit in order to cut taxes for corporations and America’s wealthiest households, including the president’s. Here are a few other things that sum—or far less—could have funded:  When…

Donald Trump’s Tax Cuts Will Save Him Millions of Dollars

Donald Trump at his Trump Tower office in New York in 2013Dan Hallman/AP Looking for news you can trust?Subscribe to our free newsletters. Many of the arguments that Republicans have used to sell their tax bill are completely implausible. There is overwhelming reason to believe, for example, that the tax cut won’t pay for itself. Then there’s President Donald…

These 6 Jaw-Dropping Charts Show Just How Much Rich People Will Gain From the GOP Tax Bill

DeanDrobot/iStock Looking for news you can trust?Subscribe to our free newsletters. On Wednesday, House Republicans approved a sweeping $1.5 trillion tax bill that’s deeply unpopular among Americans. The bill now just needs President Donald Trump’s signature to become a law. Recent analyses by the Tax Policy Center and Joint Committee on Taxation agree: The Republican tax plan…