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.
But our only quarter-trillionaire is still not paying anything close to his fair tax share.
Our economic and racial divides grew even wider in 2021, but there are signs of hope for a more equitable future.
Fine art has never been more financially lucrative — or less central to our culture.
Why else? They want more billions.
We’re finally debating that question. Let’s not miss our opportunity.
Advocates have overcome opposition from conservative Democrats to secure four weeks of paid leave in the House budget bill, but more obstacles remain.
Have we just about decided that the further accumulation of billionaire fortunes makes for good public policy?
The movement to tax extreme wealth to pay for human needs suddenly has a rare political opening.
A new U.S. District Court ruling helps billionaires escape millions in gift taxes.
South Dakota has become a tax haven for the wealthy. Here’s how the trust industry gained a foothold.
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.
Those shiny utopias America’s super rich peddle are dulling our democracy.
“Phil Knight’s estate plan demonstrates beyond doubt that loopholes in America’s estate and gift tax have rendered it useless.”
How to dodge over $3.6 billion in taxes.
The veteran tax attorney unraveled Nike founder Phil Knight’s tax avoidance schemes for a recent Bloomberg investigation. He sits down with Chuck Collins to explain how this is possible under existing tax law — and what should change.