Bob Lord, a tax lawyer and former Congressional candidate, is an associate fellow at the Institute for Policy Studies. Bob previously served as an adjunct faculty member at the Arizona State University School of Law. Bob’s work focuses on the relationship of tax law to inequality. He contributes to both the Inequality.org website and to OtherWords, the Institute’s national syndicated editorial service. Bob also is a staff member at Blog For Arizona, the leading political blog in Arizona.
Fanboys of the richest person on Earth are spinning bogus tales that swell the Musk fortune and embellish his ‘genius.’
How we can prevent the wealthiest of our wealthy from exempting virtually unlimited billions from tax.
Yes, we could ensure that our richest pay something in the neighborhood of their fair tax share.
But our only quarter-trillionaire is still not paying anything close to his fair tax share.
We’re finally debating that question. Let’s not miss our opportunity.
Have we just about decided that the further accumulation of billionaire fortunes makes for good public policy?
A new U.S. District Court ruling helps billionaires escape millions in gift taxes.
The latest tax proposals in Congress are an okay first step, but don’t go far enough to address one of the biggest enablers of dynastic wealth.
It’s a complicated question. But as a tax attorney, I believe firmly that the flaws are intentional.
President Joe Biden has proposed tax reforms to close a capital gains loophole favoring the wealthiest Americans.
The capital-gains-tax proposal would actually protect family farmers like those on “Little House on the Prairie” and tax the windfall riches ‘earned” by ‘The Beverly Hillbillies’
The billions our billionaires are grabbing currently face a next-to-nothing tax rate.
The “basis step-up” allows wealthy people to avoid paying income tax on lifetimes of investment gains.
A perverse loophole allows owners of profitable teams — and their heirs — to lower their tax bills by claiming huge paper losses.
Lawmakers have known about this giant loophole for years. Now it’s time to do something about it.
No actual taxpayers are going to face anything remotely close to the tax rate critics of the Biden tax plan are claiming.
New legislation would put an end to an income tax windfall for millionaires and their descendants.
The share of the nation’s wealth pie owned by the richest 0.01 percent has quadrupled over the last 70 years.
The rich won’t be paying their fair share of taxes as long as our tax system speeds wealth’s concentration.