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.

Latest

Elly May Clampett Is the Target of Biden’s Tax Plan, Not Laura Ingalls

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’

Our ‘Trillion-Dollar Seven’: Can We Summon the Courage to Tax Them?

The billions our billionaires are grabbing currently face a next-to-nothing tax rate.

Taxing Lifetime Gains Serves Different Fairness Goal Than Estate Tax

The “basis step-up” allows wealthy people to avoid paying income tax on lifetimes of investment gains.

Sports Teams: The Everlasting Tax Shelter for Billionaires

A perverse loophole allows owners of profitable teams — and their heirs — to lower their tax bills by claiming huge paper losses.

Peter Thiel’s $5 Billion Roth IRA: Only the Size is News

Lawmakers have known about this giant loophole for years. Now it’s time to do something about it.

Tax Foundation Sounds the Alarm — over the Plight of Totally Mythical Taxpayers

No actual taxpayers are going to face anything remotely close to the tax rate critics of the Biden tax plan are claiming.

STEP Act: The Critical First Blow to Millionaire Income Tax Avoidance

New legislation would put an end to an income tax windfall for millionaires and their descendants.

No, The Rich Are Not Paying Their Fair Share

The share of the nation’s wealth pie owned by the richest 0.01 percent has quadrupled over the last 70 years.

The Simple Rules of Wealth Inequality

The rich won’t be paying their fair share of taxes as long as our tax system speeds wealth’s concentration.

America’s Future: Trillionaire Trust Fund Babies?

Billionaire wealth is exploding. They’re passing that wealth to heirs and heiresses virtually tax-free.

Beyond Lucrative: Jeffrey Epstein’s Billionaire Tax Avoidance Assistance Business

The infamous financier’s exploits cast a shadow on the one of Wall Street’s favorite tax avoidance schemes.

Taxes on the Rich: One-Sixth of What They Used to Be

A new IPS briefing paper highlights the unique role of tax policy in wealth concentration.

In Arizona, a Progressive Ballot Victory Exposes the Inequitable Federal Treatment of State and Local Taxes

The Trump 2017 tax act penalizes states that tax income responsibly.

One Key Overlooked Reason We Need the 2017 Trump Tax Act Axed — ASAP

The longer the law remains on the books, the tighter the squeeze on funding for state and local public services.

Donald Trump’s Abuse of the Conservation Easement Tax Loophole Shows How the Tax Code Favors the Ultra Rich

How to ‘donate’ land to a charity, but keep it for your own exclusive use.

Wealth Inequality in America: Far Beyond Extreme

The maldistribution of America’s income and wealth has reached levels that our conventional economic stats have trouble revealing.

The Basic Case for a Wealth Tax

America’s 12 wealthiest now control $1 trillion of wealth. The only practical way to address this extreme wealth concentration: a tax on accumulated grand fortune.

Welcome to Hectobillionaire Land

The concentration of America’s wealth has gone into overdrive.

Taxes Paid By Billionaires Decreased 79 Percent Since 1980, as Percentage of Their Wealth

As we emerge from this pandemic, substantial tax increases are inevitable. Central to the program should be a tax that limits the hoarding of wealth by the billionaire class.

The U-Turn that Turned America Staggeringly Unequal

For decades in the mid 20th century, our nation’s grandest private fortunes were becoming less pronounced. Today, we’re on track for another Gilded Age.