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.
The super rich are straying from investments in conventional financial products. The more entertaining investment: $45,400 for 12 bottles of wine.
The widest gap between rich and poor remains in Mexico, Chile, Turkey, and the United States, says a new report that draws from the developed world’s top economic research agency.
Trend-altering change will take time, but potent forces are driving real-world efforts to democratize capital and decrease inequality.
The world’s rich have stashed at least $7.6 trillion — 8 percent of the world’s personal financial wealth — into tax havens.
Profits have reached record highs, the stock market has boomed, and CEOs are getting paid more than ever since the Great Recession hit, while the wages of most workers (and their family incomes) have declined, according to an Economic Policy Institute report.
The star comic, in an appearance on the David Letterman show, makes a wise observation about what economists call the “diminishing marginal utility of rising wealth.”
In the fight to reduce inequality, we must ensure that the democratic means to do so aren’t taken from us as well.
Millionaire households claimed a larger proportion of global wealth in 2013, gobbling up about 42 percent of the economic pie, up from 39 percent in 2012, says the latest annual wealth report from the Boston Consulting Group.
Belgium would beat Germany in the final if the World Cup were based on the gap between rich and poor in the 32 countries taking part, according to a new Oxfam analysis.
America’s 200 most highly paid chief executives averaged $20.7 million last year.
Outsourcing initiatives at every level of government are threatening millions of middle class households and enriching CEO contractors.
A new report zeroes in on the ongoing scandal of stock buybacks.
New report reveals that Walmart cut its taxes by $104 million by giving executives lavish “performance-based” bonuses.
A super-wealthy few have successfully defeated all of their rivals—unions, the media, honest politicians, environmentalists—and now are free to do as they wish.
How billions in bonuses for Coca Cola executives are squeezing the retirement futures of the company’s middle-class shareholders.
An interview with the authors of a landmark new study that links exorbitant executive pay with higher levels of student debt and part-time faculty.
A series of statistical contrasts that help explain the sickening sense that the United States is becoming a nation without a middle class. The first: Five hedge fund managers last year took home more income than 350,000 pre-school teachers.
The roots of statistical malpractice in high places.
The short version: He doesn’t give an inch — and clearly explains why.
A survey of recent state and local organizing against taxpayer subsidies for the 1 percent.
A new perspective that looks at humanity as a whole.
The next time you’re at a CVS store, give a thought to the woman at the cash register. She’s paid 422 times less than the CEO of the company.
We’re coming apart as a society, and inequality stands right at the core of that unraveling.
The U.S. Chamber of Commerce claims corporations would have to spend small fortunes to calculate the CEO-worker pay ratio that the 2010 Dodd-Frank Act requires.
By one measure, Chile ranks as the most unequal nation in the developed world.
New rankings of U.S. congressional districts by level of inequality reveal some startling patterns.
Serious critics of inequality are not using the arguments that right-wing cheerleaders for our existing economic order would have you think.
Inequality became the lightning rod it is today only when wealth and incomes became as concentrated in the United States as they have been in other highly unequal countries.
Since the 2008 financial crisis, leaders at the highest-paying state universities have fared well, largely at the expense of students and faculty.
Two veteran anti-poverty activists argue that a global tax on wealth may be much more practical a step that the conventional wisdom holds.
A survey of the latest commentary on the inequality bestseller Capital in the Twenty-First Century.
Societies that allow the rich to grow into a super-rich, explains this management analyst, are making a series of mistakes
The United States does less to reduce income inequality than all other developed nations but one.