Tax Wealth to Fix the Nation’s Woes
Members of the billionaire class have used their clout to rig the economy in their favor.
Members of the billionaire class have used their clout to rig the economy in their favor.
The wealthier the donor, the bigger the taxpayer subsidy.
The share of the nation’s wealth pie owned by the richest 0.01 percent has quadrupled over the last 70 years.
Billionaire Landlords Profit as Millions Face Eviction
America’s wealthiest 657 billionaires stand $1.3 trillion richer than they were last March.
Pandemic doubles wealth of private, for-profit hospital billionaire Thomas F. Frist Jr.’s family to $15.6 billion.
For-profit hospital billionaire owners see their wealth increase by $8.1 billion since March 2020.
The U.S.’s billionaires have amassed democracy-distorting concentrations of wealth and power as millions have been thrown into poverty
Senator Elizabeth Warren’s bill would levy a small tax on billionaire fortunes. It could raise billions for recovery—and help protect our democracy.
Billionaires have reaped tremendous gains during the pandemic. A wealth tax will slow the build-up of democracy-distorting concentrations of wealth and power.