Close Down the Estate Tax Manipulations That Benefit Billionaires
The latest tax proposals in Congress are an okay first step, but don't go far enough to address one of the biggest enablers of dynastic wealth.
The latest tax proposals in Congress are an okay first step, but don't go far enough to address one of the biggest enablers of dynastic wealth.
As the wealth divide grows deeper, global advocates call for one-time 99 percent emergency tax on billionaires’ pandemic windfalls to fund Covid-19 vaccines for entire world.
U.S. billionaires have reaped $1.8 trillion in wealth gains since March 2020.
Fifty dynastic billionaire families hold as much wealth as the bottom half of U.S. families. Their wealth grew at ten times the rate of ordinary families over the last 40 years.