If We Want to Renew Democracy, We Need to Tax the Ultra-Wealthy
After the tech sector, Wall Street is the second-highest source of wealth for American billionaires.
After the tech sector, Wall Street is the second-highest source of wealth for American billionaires.
Billionaires have reaped tremendous gains during the pandemic. A wealth tax will slow the build-up of democracy-distorting concentrations of wealth and power.
Our current national confusion over wealth taxes serves only the wealthy.
Taxpayers shouldn't have to subsidize labor costs at Fortune 500 corporations.
The infamous financier's exploits cast a shadow on one of Wall Street's favorite tax avoidance schemes.
A levy of just 1 percent on wealth over $1 billion would raise more than $2 billion per year to meet the state's urgent social needs.
Despite our sharp divisions, a majority of Americans are united behind many policies to combat poverty and reduce inequality.
The Progressive Caucus has unveiled a legislative agenda designed to meet the scale of the pandemic catastrophe and reduce our vulnerability to future crises.
Buried in the Covid relief deal is a provision that will require taxpayers to subsidize lavish business meals for corporate executives.