Peter Thiel’s $5 Billion Roth IRA: Only the Size is News
Lawmakers have known about this giant loophole for years. Now it’s time to do something about it.
Lawmakers have known about this giant loophole for years. Now it’s time to do something about it.
Leaked IRS data proves the rumors are true: Many billionaires pay no income taxes. Will that spur reform?
We most certainly can. We have history on our side.
Together 50 families hold about half of the wealth of the bottom half of all U.S.households, an estimated 65 million families, and their wealth grew at ten times the rate of ordinary families during the last 40 years.
How America’s 50 Largest Inherited-Wealth Dynasties Accelerate Inequality
Together 50 families hold about half of the wealth of the bottom half of all U.S.households, an estimated 65 million families, and their wealth grew at ten times the rate of ordinary families during the last 40 years.
The rich got richer while millions lost their livelihoods. It’s time for a wealth tax.
The rich have become so rich that just selling to the rich can make you the world’s richest person.
The implosion of Archegos is an early warning sign about the next generation of unaccountable capital and exotic, risky financial instruments hidden inside ‘family offices.’
Wealthy workers moving into central, walkable neighborhoods has long caused gentrification, but global capital is exacerbating the situation.
Critics of Donor-Advised Funds, or DAFs, have long argued that they starve nonprofits of much-needed funds by “warehousing” charitable donations.
With the collapse of Archegos Capital, family offices — a main tool of the wealth defense industry — are in the headlines.
Pandemic inequalities may explain the popularity of proposals to restore progressive income and wealth taxes on the very wealthy.
We can’t buy happiness, but greater equality could make it more likely.
A progressive tax system is one of the few tools we can deploy to slow and reverse the growth of billionaire power.