For years, a new tax haven has been on the rise: The United States. That could pose a problem as the US attempts to crack down on Russian oligarchs and target their wealth. … Read the full article at Business Insider.
Shareholders are starting to push back against outsize CEO pay, but some of the nation’s best-known companies are still overpaying their chief executives for paltry performance. … Read the full article at Business Insider.
Billionaires around the world added around $5.5 trillion to their wealth during the pandemic — and a 99% tax on those gains could help vaccinate the world. That’s according to a new report from Oxfam, the Fight Inequality Alliance, and the left-leaning Institute...
American billionaires saw their collective net worth grow by $1.1 trillion over the past 10 months, according to a new report from the the Institute for Policy Studies (IPS) and Americans for Tax Fairness (ATF). … Read the full article at Business...
On Monday, Sen. Bernie Sanders announced a new Income Inequality Tax Plan that aims to penalize companies where the top executive is paid more than 50 times what the median worker makes. But at many companies the inequality Sanders aims to tackle is even more...
On September 21, 1976, a car bomb detonated in Sheridan Circle, in the heart of Embassy Row in Washington, DC. The car’s windows shattered and floor panel blown off. The road in front of the Romanian Embassy was littered with blood and debris. Orlando Letelier,...
The Mars family sits on top of a delicious empire. They’re the heirs to the candy throne that is Mars Inc., maker of Snickers, Mars Bars, Milky Way Bars, Twix, M&M’s, and more — not to mention a portfolio of PetCare products, drinks, and gum, among...
When it comes to the Cathy family’s reported $11 billion fortune, it’s all about the fried chicken. That’s because the Cathys are the family behind the Chick-fil-A empire. S. Truett Cathy officially founded the popular fast-food chain in the 1960s,...
The gap between the rich and the poor in America has widened — and dynastic wealth, which has been bemoaned by Warren Buffett, may be a factor. Dynastic wealth occurs when families pass money down from one generation to the next. It’s a cyclic process: Each...
