The tax code is riddled with loopholes that enable the wealthy to avoid paying their fair share. Here are the ones Donald Trump likely used.
David Dayen’s insightful new book dives into the aftermath of the mortgage meltdown with page-turning real life stories of the activists that fought back.
While taxes have increased on the top one percent in recent years, taxes on the top one tenth of one percent have gone down.
After the richest Americans have gobbled up the poor, they feast on the middle class.
In order to understand inequality in America, don’t think about inequality.
Since 1980, the rate for wealth-based taxes has been decreasing while the rate for labor-based taxes has been increasing.
Congress is gutting vital programs for the poor while heaping billions of dollars of relief on a few wealthy families.
The right’s favorite rationale for lowering the taxes rich people pay can make sense, but only if you believe that fairness demands taxing the first dollar of a person’s income at the same rate as the billionth.
If redistribution is so terrible, why do our policy wonks pay so little attention to redistribution from poor to rich?
Billionaire Bill Gates has a deep faith in the generosity of his fellow billionaires. Researchers in the financial industry don’t seem to share that faith.
A new poll reveals that America’s rich think they work harder than the poor. The problem is that the rich misunderstand what work actually is.
The ultimate yardstick for wealth’s concentration in the United States? That may be how many billionaire fortunes we need to combine to reach $1 trillion.