Billionaires have reaped tremendous gains during the pandemic. A wealth tax will slow the build-up of democracy-distorting concentrations of wealth and power.
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Economic Justice
Combating inequality means both lifting up and building power at the bottom, and breaking up concentration of wealth and power at the top. That’s why we work at the intersection of economic and racial justice through projects designed to build leadership and self-empowerment of black workers, immigrant workers, and low-wage workers, youth and families affected by incarceration, along with projects aiming to reverse the rules that criminalize poor people of color, and projects fighting to ensure that the wealthy and Wall Street corporations pay their fair share of taxes.
Latest Work
Financial Reserves and the Racial Wealth Gap
Black and Latinx households have less to fall back on when the times get tough.
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Average Americans Pay Tax on Over Half Their Wealth. Shouldn’t Rich Americans?
Our current national confusion over wealth taxes serves only the wealthy.
Read moreThrough 11 Months of National Pandemic Misery, U.S. Billionaires Have Grown $1.3 Trillion Richer
664 Richest Americans Now Worth a Collective $4.2 Trillion, Up 44 Percent Since COVID Shutdowns Began in March 2020
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U.S. Billionaire Wealth Grows $1.3 trillion Since Mid-March 2020
The 664 richest Americans are now worth a collective $4.2 trillion, up 44 percent since COVID shutdowns began in March 2020.
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Caregivers Need Care Too
A new documentary exposes the need for a federal lifeline for child care providers and working mothers.
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Black Families Have a Major Stake in the Future of the Postal Service
USPS is a vital source of decent jobs for Black workers. It could also narrow the racial wealth divide by expanding financial services.
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Five Painful Charts on COVID and Black America
This Black History Month, hard data reveal how the pandemic has widened racial divides.
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America’s Future: Trillionaire Trust Fund Babies?
Billionaire wealth is exploding. They’re passing that wealth to heirs and heiresses virtually tax-free.
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The ‘Pre-Existing Condition’ That Doomed the U.S. COVID Response?
The answer from a blue-ribbon medical commission on the Trump years: decades of rising inequality.
Read moreIPS Projects
Reports
REPORT: Homecoming: The Greater Birmingham Community Speaks on Regional Cooperation and a More Inclusive Economy
Greater Birmingham, AL, has experienced a resurgence in economic growth and civic engagement. Yet the benefits of this prosperity are not widely shared.
IPS Brief: Mining Companies Use Trade Agreements to Attack Indigenous Rights in Colombia and Beyond
With our allies, we’ve prepared a legal brief to support the Wayúu people’s rights to water, health, and food sovereignty in Colombia.
Report: Gilded Giving 2022
Our nation’s charitable system is in danger of becoming a taxpayer-subsidized platform of private power for the ultra-wealthy.
The Other Side of the Storm
What Do Black Immigrant Domestic Workers in the Time of Covid-19 Teach Us About Building a Resilient Care Infrastructure?