Skip to content

In the News

Sanho Tree breaks down the administration's claims about drug trafficking to justify military operations to curb the flow of drugs in the U.S.

Sanho Tree tells The Intercept this would not be the first time the administration had made claims about drug trafficking to justify military operations to curb the flow of drugs in the U.S.

“They’ve applied a war paradigm to an economic problem,” explains Sanho, warning that actions like removing the top command structure of a cartel could in fact continue to exacerbate the exact problems the military are trying to solve.

Read the full article.

Washington State has enacted a historic “millionaire tax” — and more states could soon follow suit.

In These Times takes an in-depth look at how levying higher taxes on the state’s highest-income earners would work, and how the revenue from such a measure could help fund key programs and services that help local communities survive and thrive. The article highlights key findings from an older report by IPS and the State Revenue Alliance that examined the potential impact of such a measure. Two years into passing a similar tax the rich initiative, the report found that Massachusetts ended up having more millionaires, not less, and its cumulative wealth grew by $580 billion, according to the report.

Read the full article.

A news update from Pacifica Network highlights IPS’s analysis regarding estimated Iran war costs and what that money could and should be used to fund instead.

“It should be clear: funding this unjust, unpopular, and illegal war comes directly at the expense of ordinary Americans,” the IPS analysis explains. “Less than a year after the passage of Trump’s signature ‘Big Beautiful Bill,’ which made deep cuts to Medicaid and SNAP — and right in the middle of an affordability crisis — this is the last thing the country needs. That same bill added $150 billion for the Pentagon, pushing the Pentagon budget over $1 trillion for the first time since World War II — and directly enabling the war on Iran.”

Read the full article.

A widely republished CBS MoneyWatch article notes the popularity of state-level tax the rich initiatives as Senator Elizabeth Warren introduces a new bill that would impose a 2 percent tax on ultra-rich Americans making over $50 million, raising trillions in revenue that would help fund programs and services that help ordinary American communities survive and thrive.

While millions of American families face a cost of living crisis, billionaire wealth has continued to soar.

CBS cites an older IPS analysis that examines billionaire wealth concentration and how it has grown since 1989. As of September 2025, IPS’s analysis found, the United States’ 905 billionaires were worth a combined $7.8 trillion.

Thanks to skyrocketing billionaire wealth, Warren’s tax on the ultra-rich would raise an estimated $6.2 trillion over the next decade, double the amount projected back in 2021 when Warren first proposed such a measure.

Read the full article.

An explanatory video from USA Today’s The Excerpt and an in-depth article in USA Today both highlight IPS’s wealth data research, which found that raising higher taxes on ultra-wealthy Massachusetts residents didn’t result in significant wealth flight — and it ended up raising millions in state revenue to fund vital services to benefit communities.

“Income inequality in the U.S. is surging, reminiscent of the Gilded Age, according to Inequality.org, a project of the Institute for Policy Studies,” Dana Taylor explains in an intro to the video segment for The Excerpt.

In the segment, USA Today reporter Daniel de Visé highlights key takeaways from his in-depth article on the potential impact of wealth tax proposals, explaining how IPS’s research among other analyses has helped bust the myth that a higher tax on high-income earners leads to wealth flight in the states that enact such measures.

Watch the full video below.







An article in Spanish in Prensa Comunitaria highlights IPS’s research that exposes how corporate profiteers exploit the international arbitration system via the investor state settlement dispute (ISDS) model to stack the odds against communities in countries like Guatemala resisting harmful extraction projects.

Read the full article.

In an interview with the Cultural Baggage Radio Show, Sanho Tree talks about how the Trump administration exploited myths surrounding fentanyl and drug trafficking to drive forward a new phase in the U.S. drug war with U.S. boat strikes and reckless militarization.

“All of this calamity was enabled by fentanyl lies,” Sanho explains.

Listen to the full interview via The Drug Truth Network/KBOO.

In an in-depth article examining Warren Buffett’s shifting approach to philanthropic giving, CNBC cites IPS’s research that found that most billionaire signers of the Giving Pledge have yet to fulfill their promise to give away most of their wealth.

As the article highlights, IPS’s 2025 report examining the impact of the Giving Pledge 15 years after its founding revealed that the Pledge is “unfulfilled, unfulfillable, and not our ticket to a fairer, better future.”

Read the full article from CNBC.

Fortune cited IPS’s research on the impact of 15 years of the Giving Pledge in an in-depth profile of Craigslist founder Craig Newmark and how he made his money and why he’s giving it away. Newmark signed the Giving Pledge in 2025.

The article notes, “The Pledge’s track record is mixed. A 2025 analysis by the Institute for Policy Studies found that the original U.S. signers who remain, billionaires, have collectively become about 166% wealthier (after inflation) since 2010, and only 8 of 22 signers who have died appear to have actually given away at least half their fortunes by the time of their deaths.”

Read the full article.

Washington State passed a measure that raises taxes on the ultra-wealthy residents of the state, yielding revenue that will go directly to fund vital programs and services that enable ordinary Washington families to survive and thrive. Multiple states are currently considering similar tax the rich initiatives, and states like Washington could serve as a model.

Omar Ocampo tells Fast Company there’s no evidence that higher state tax rates on the wealthy cause people to leave. “The literature just doesn’t really support the idea that people migrate because of their taxes going up,” he says.

Read the full article.

Sort by