Program on Inequality and the Common Good

Extreme inequalities of income, wealth and opportunity undercut democracy, social solidarity and mobility, economic stability, and many other aspects of our personal and public lives.  The Program on Inequality and the Common Good focuses on these and other dangers that income disparities pose for the U.S.

Through research and reporting, this program encourages policy interventions that can reduce extreme wealth inequality, and close the growing gap between the rich and poor. Recent reports have examined the estate tax, the racial wealth gap, inequality in philanthropy, and other topics related to extreme wealth concentration. The central theme of the program is that without significant reform and a systemic view of inequality on both a national and global level, the overall wealth divide will continue to grow exponentially.

Latest Work

Decades of Warehousing Charity Dollars — the ‘Fidelity Effect’ on Charitable Giving

Critics of Donor-Advised Funds, or DAFs, have long argued that they starve nonprofits of much-needed funds by “warehousing” charitable donations.

Family Offices: Trillion Dollar Pools of Unregulated Capital You Haven’t Heard About

With the collapse of Archegos Capital, family offices — a main tool of the wealth defense industry — are in the headlines.

U.S. Billionaire Wealth Skyrocketed 55 Percent During Pandemic, Accelerating Inequality

Pandemic inequalities may explain the popularity of proposals to restore progressive income and wealth taxes on the very wealthy.

Don’t Let the Rich Avoid Taxes

A progressive tax system is one of the few tools we can deploy to slow and reverse the growth of billionaire power.

Responding to Concerns about the Emergency Charity Stimulus Proposal

Make no mistake: this pandemic is the “rainy day” DAFs and foundations have been saving for.

A Third of U.S. Billionaire Wealth Gains Since 1990 Have Come During Pandemic

U.S. billionaire pandemic profit balloons to $4.56 trillion, a 55 percent increase.

Global Billionaire Wealth Surges $4 Trillion Over Pandemic

A Warren-Jayapal style wealth tax on global billionaires would raise $345 billion in its first year. The cost of vaccinating the world is estimated at $141.2 billion.

Raising This Tax Would Make the Ultra-Rich Pay Their Fair Share

A reformed estate tax could reduce extreme wealth inequality and end tax breaks for dynasty trusts and other loopholes exploited by the rich.

BOOK: The Wealth Hoarders

How billionaires pay millions to hide trillions.

Sanders Estate Tax Bill Shuts Down Wealth Hiding Loopholes

The Vermont senator and former presidential candidate takes shot across the bow of the wealth defense industry.

A Year of Billionaire Pandemic Gains

Who are the ten biggest pandemic profiteers?

Tax Wealth to Fix the Nation’s Woes

Members of the billionaire class have used their clout to rig the economy in their favor.

For Every Buck a Billionaire Gives to Charity, You Chip in Up to 74 Cents

The wealthier the donor, the bigger the taxpayer subsidy.

Foundation Payout Mandate Would Raise $8.7 Billion in Revenue Over 3 Years

The mandate would also have both a positive fiscal impact and give a $200 billion boost to active charities.

Taking on a Billionaire Landlord in the Twin Cities

Private equity firms snatched up rental properties, then neglected them. So Minneapolis activists organized the tenants to fight for their rights.

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.

Billionaire Wealth Gains Could Pay for Two-Thirds of COVID Relief Bill

America’s wealthiest 657 billionaires stand $1.3 trillion richer than they were last March.

Frist Family Leads Pandemic Profiteer Parade in Health Sector

For-profit hospital billionaire owners see their wealth increase by $8.1 billion since March 2020.