The Millionaires Surtax in House Tax Committee Proposal
Moderates and progressives converge on Capitol Hill to support a targeted tax on multi-millionaires.
Moderates and progressives converge on Capitol Hill to support a targeted tax on multi-millionaires.
A pay for play data manipulation scandal spelled the end of the ideologically driven 'Doing Business' report.
Donor-advised funds are making misleading claims in response to criticism that they are warehousing wealth instead of boosting charitable giving.
The Ways and Means Committee plan would make a down payment on much-needed public investments but doesn't go far enough to address wealth inequality.
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.
Unless this generation-skipping tax exemption is strengthened, wealth dynasties will continue to grow and proliferate.
Revenue options that would also curb runaway executive pay have strong appeal across the political spectrum.
The billions our billionaires are grabbing currently face a next-to-nothing tax rate.
A CEO pay surtax would have two appealing selling points for Manchin and other moderate Dems.