Despite Republican Boycott, Dems Launch New Inequality Committee
Over the next two years, they will study the problem of economic disparity and develop policy solutions.
Taxes
America’s Billionaires: Borrowing Their Way to Ever More Fabulous Fortunes
The great painter Diego Rivera would not appreciate what our richest are using for collateral.
Taxing Lifetime Gains Serves Different Fairness Goal Than Estate Tax
The “basis step-up” lets wealthy people avoid paying income tax on lifetimes of investment gains.
Corporations Should Pay Their Fair Share for Human Needs
Corporations pay lower taxes than ever. A modest corporate tax hike would be transformative.
Jeff Bezos Should Have Thanked American Taxpayers for Paying for His Space Ride
From the very start, the giant retailer's business strategy has relied on dodging taxes and pocketing public subsidies.
Billionaire Pandemic Wealth Gain Could Pay For Biden’s American Families Plan
U.S. billionaires have reaped $1.8 trillion in wealth gains since March 2020.
Sports Teams: The Everlasting Tax Shelter for Billionaires
A perverse loophole allows owners of profitable teams — and their heirs — to lower their tax bills by claiming huge paper losses.
In the World’s Wealthiest Country, We Can Go Further Than Biden’s Build Back Better Plans
By raising taxes on the wealthy and redirecting other public resources, we can meet everyone’s needs and strengthen our economy.
11 Charts on Taxing the Wealthy and Corporations
Here's everything you need to know about the urgency of fair tax reforms to pay for vital public investments and reverse extreme inequality.