Billionaires may claim huge tax deductions for moving money into foundations or donor-advised funds with little to no guarantee that money will ever make it to working charities.
Extreme inequality is the preexisting condition that made our society more vulnerable to disease and undermined a robust global public health response.
IPS Associate Fellow Emira Woods joins CNN International to discuss the impact of fossil fuel extraction, especially on the frontline communities in Africa currently suffering from the effects an oil spill in southern Nigeria.
The rich got richer while millions lost their livelihoods. It’s time for a wealth tax.
A reformed estate tax could reduce extreme wealth inequality and end tax breaks for dynasty trusts and other loopholes exploited by the rich.
Mainstream narratives on trade suggest white workers from the Midwest suffer most from U.S. trade policies. Evidence shows that’s not true.
With the right policy actions now, we can exit this pandemic on a pathway to a more decent and equitable society.
If we want to expand the middle class, lift up workers and protect the environment, we need to protect our democracy from extreme billionaire influence.
The Tax Excessive CEO Pay Act could incentivize less harmful corporate executive behavior while raising revenue that could be used to reduce inequality.
The United States is not yet a country with a hereditary aristocracy of wealth and power, but unless we address the persistent inequalities around us, we are drifting in that direction.