Taxing Extreme Wealth Could Lift 2.3 Billion People Out of Poverty
Extreme inequality is the preexisting condition that made our society more vulnerable to disease and undermined a robust global public health response.
Taxing the World’s Richest Would Raise $2.52 Trillion a Year
A new analysis by the Fight Inequality Alliance, Institute for Policy Studies, Oxfam, and Patriotic Millionaires found a shocking rise in global wealth among the world’s richest people despite deepening inequality during the COVID-19 pandemic.
Report: Taxing the World’s Richest Would Raise $2.52 Trillion a Year
A new joint report from Fight Inequality Alliance, Institute for Policy Studies, Oxfam, and Patriotic Millionaires details what can be funded by simply taxing the rich.
Worshiping Markets, Genuflecting to Grand Fortune
Today’s ‘utopians’ have reserved heaven on Earth for the richest among us.
A Perfect Storm Has Elon Musk Paying $11 Billion in Tax
But our only quarter-trillionaire is still not paying anything close to his fair tax share.
The Year in Inequality in 10 Charts
Our economic and racial divides grew even wider in 2021, but there are signs of hope for a more equitable future.
Our New Art ‘Appreciation,’ Billionaire-Style
Fine art has never been more financially lucrative — or less central to our culture.
Why Are Moderna’s Billionaires Airbrushing Scientists Out of the Vaccine Patent Picture?
Why else? They want more billions.
Should Rich People Get a Free Pass at Tax Time?
We’re finally debating that question. Let’s not miss our opportunity.
The Rich Already Have Paid Leave. Meet One of the Activists Behind the Fight to Make it Universal.
Advocates have overcome opposition from conservative Democrats to secure four weeks of paid leave in the House budget bill, but more obstacles remain.
American Tax Policy in the Age of Trillionaires
Have we just about decided that the further accumulation of billionaire fortunes makes for good public policy?
Let’s Make the Most of This ‘Tax Billionaires’ Moment
The movement to tax extreme wealth to pay for human needs suddenly has a rare political opening.
Subway’s Sandwich Mogul Meets — and Beats — the IRS
A new U.S. District Court ruling helps billionaires escape millions in gift taxes.
Why the Superrich Are Flocking to South Dakota
South Dakota has become a tax haven for the wealthy. Here’s how the trust industry gained a foothold.
The Case for a Billionaires Income Tax
Since the beginning of the pandemic, 745 U.S. billionaires have seen their total wealth increase by $2.1 trillion, a gain of 70 percent.