Our Tax History Holds the Key to a Fairer System
New research shows that average tax rates for big earners have dropped precipitously since the middle of last century.
New research shows that average tax rates for big earners have dropped precipitously since the middle of last century.
Bold measures are pragmatic at a time when advanced economies are seeing income and wealth concentration levels near historic highs.
Prominent philanthropists, national funders, and policy organizations are launching a campaign to call for common sense charity reforms.
There are now 813 billionaires with $5.7 trillion in wealth, making the ten-figure club even more powerful economically and politically. We need a progressive taxation system to reverse inequality.
More women are in positions of power than 50 years ago, but under a fairer system we would have made much more progress on gender equality.
Patriotic Millionaires Founder and President Erica Payne called for increased taxes on the wealthy in a speech at a United Nations special meeting.
Some donor-advised fund sponsors claim to democratize giving. They are making themselves look more egalitarian than they actually are.
Four years after the start of the Covid-19 pandemic, the United States has 737 billionaires with a combined wealth of more than $5.5 trillion.
Check back for our regular updates on U.S. unemployment and billionaire wealth.