As inequality has grown in the U.S., the nation’s charitable system is in danger of becoming a taxpayer-subsidized platform of private power for the ultra-wealthy. This poses risks to the independent nonprofit sector and our society as a whole. It's time for reform — and we have some ideas.
This report examines the growing wealth of billionaires and other ultra-high net worth individuals in Massachusetts — where voters will have the chance to levy a 4 percent surtax on those making more than $1 million a year this November.
Federal Reserve leaders should be representative of the country’s population. If they don't understand us, they can't represent us.
As U.S. billionaires got richer and their wealth defense tactics proliferated, audit rates sharply declined. Funding the IRS' wealth squad would help ensure the nation's richest pay their fair share of taxes.
