Thomas Piketty protégé Gabriel Zucman explains how the world’s wealthiest are evading and avoiding trillions in taxes.
Economic and geographic segregation have immunized those at the top from the problems of those down below. Like the kings of yore, they have come to perceive their privileged positions essentially as a natural right.
A billionaire investor’s message for his fellow “filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won’t last.”
An analysis that examines the impact of reduced tax rates on dividends and capital gains and the free pass that capital gains get when they pass on to an heir.
What started out as a reasonable idea – handing execs some shares so they’d have an extra incentive to boost shareholder value – has tipped so far the CEO way that the richest bosses are gaining oligarch status.
A member of the House Ways and Means Committee details how the U.S. tax code richly rewards corporations that overpay their top execs.
A tidy demolition of the just-published defense of inherited wealth by Harvard’s Greg Mankiw.
Any business can makes lots of money if it gains an exemption from the taxes and rules that apply to its competitors. That’s how Amazon grew and made CEO Jeff Bezos one of the richest people in the world.
If Starbucks appointed a barista to its board, CEO Howard Schultz might not make 489 times the average pay of a Starbucks worker.
The New York mayor will lead a year-long task force that will examine strategies for combating the economic inequality in America’s cities.