A Third of U.S. Billionaire Wealth Gains Since 1990 Have Come During Pandemic
U.S. billionaire pandemic profit balloons to $4.56 trillion, a 55 percent increase.
U.S. billionaire pandemic profit balloons to $4.56 trillion, a 55 percent increase.
‘Corporations,’ we need to remember, aren’t avoiding taxes. Corporate execs are doing that avoiding.
Local wealth taxes and income taxes on corporations and the rich would advance racial equity.
New legislation would put an end to an income tax windfall for millionaires and their descendants.
Members of the billionaire class have used their clout to rig the economy in their favor.
Our biggest tax evaders have been living high on the hog. They may soon have cause to worry.
The wealthier the donor, the bigger the taxpayer subsidy.
The share of the nation’s wealth pie owned by the richest 0.01 percent has quadrupled over the last 70 years. Their percent of the total tax obligation has stayed the same. What’s wrong with this picture?
The rich won’t be paying their fair share of taxes as long as our tax system speeds wealth’s concentration.