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I first encountered the upper middle class when I attended a big magnet high school in Manhattan that attracted a decent number of brainy, better-off kids whose parents preferred not to pay private-school tuition. Growing up in an immigrant household, I’d felt largely immune to class distinctions

Just 8 months ago, McDonald’s shareholders awarded Don Thompson with nearly $8 million in incentive pay for his performance as CEO—that’s compensation in addition to a base salary and benefits that topped $1.5 million.

Boosting the federal minimum wage would be great news for the workers who’d receive a higher paycheck. Not so much for those who’d be out of a job. That anxiety sums up much of the debate around increasing the minimum wage.

Andre Perry is 32 years old. He's a commercial photographer, lives in Brooklyn, and loves fashion. He's also black. A month ago, Perry was stopped at a subway station by an undercover officer with the New York City Police Department. He was interrogated about his two-finger ring, arrested, and

Billionaire energy industry brothers Charles and David Koch are planning a 2016 campaign spending blitz that would easily eclipse previous outside political efforts, with the brothers and their political network poised to spend nearly $900 million to elect conservative candidates to Congress, the

The last two years of Obama’s presidency will largely be defined by his defense of key legislation: the Affordable Care Act, caps on carbon emissions and Dodd-Frank. While the broad shape of the first two battles is already known, the war on financial regulation, because of its abstract nature, will

To prepare for “snowmageddon,” Ana Navarrete stocked up on diapers Monday afternoon. She and her ex-boyfriend, Pedro Blanco, perused the baby aisle of a CVS drug store, having left their two-month-old son with a babysitter. As the snow piled up on Hillside Avenue, Navarrete thought about her

It’s been five years since the Supreme Court decided Citizens United , which allowed unlimited corporate money into the political system and increased the domination of democracy by the wealthy elite. Money has indeed overwhelmed the system since 2008.

If you're wondering why issues favored by a majority of Americans such as raising the minimum wage, gun control and net neutrality get scarcely any attention in the halls of Congress, the Citizens United case is the reason.

Given that low-income households often don’t have the luxury of professional tax preparation, the tax system might be a particularly brutal delivery mechanism for them. Nowhere is this more apparent than how we currently subsidize the cost of college at tax time.