Bob Lord

The tax loophole that’s concentrating America’s wealth — and political power — at the top.

Billionaire investment gains that don’t escape tax entirely end up taxed far more lightly than most Americans realize. A ‘Billionaires Income Tax’ could fix that.

A new Tax Foundation analysis also inadvertently shines a light on the uselessness of ‘adjusted gross income’ as an indicator of actual billionaire economic income.

Like so many of his fellow billionaires, the world’s richest man is placing wealth over country.