Can Our ‘Labs of Democracy’ Once Again Deliver?
In the near future, our states will have to determine whether we truly tax the rich.
A ‘Down’ Year for Our Deepest Pockets?
Billionaire fortunes have shriveled a bit over the past year. Billionaire power hasn’t.
Oxfam Wants To More than Double the Tax Rate on Our Richest
That bold a hike, our U.S. history suggests, can actually happen.
Lawmakers, Fix Trust Law and Close Down the Billionaire Enabler States.
The world’s wealthy already operate by a different set of rules and laws. But allowing the full scale carveout and manipulation of U.S. state trust law to serve their interests should not be one of them.
How Colombia Will Tax the Wealthy
President Gustavo Petro’s government plans to raise $20 trillion Colombian pesos through a hyper-targeted tax on less than one percent of the country’s top earners. Other nations should take notice.
Tax the Rich? We Did That Once
A little history might just inspire us to try that taxing again.
Elon Musk May Not Be So Brilliant After All
As Twitter implodes under Musk’s rule, a lawsuit argues Tesla is vastly overpaying the world’s richest man.
Biden’s Debt Cancellation Plan Is a Step Forward on the Racial Wealth Divide
Black students have had to take out larger loans and faced greater difficulty paying them back than other borrowers.
Dismantling the Lucky Sperm Club, One Baby Bond Program at a Time
Cities and states are experimenting with trust fund accounts to narrow the racial wealth divide.
Congress Takes Historic Step to Tax Stock Buybacks
This provision of the Inflation Reduction Act will discourage corporations from siphoning resources from worker wages and productive investments for share repurchases that inflate CEO pay.
Baseball Immortality Meets Ungodly Inequality
Superstar Juan Soto gets a new team. His fans get heartbreak. His owners get richer.
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.
The Embarrassment of Riches
The wealthy rob governments of at least $200 billion a year in lost tax revenues. It’s time to force them to pay up.
The Trump Tax Reform Helped the Billionaire Class — Not the Working Class
The Republican tax law boosted the fortunes of America’s wealthiest while increasing insecurity for U.S. manufacturing workers.
Remembering Bill Gates Sr.
He believed the estate tax was an “economic opportunity recycling program.”