Global Billionaire Pandemic Wealth Gains Surge to $5.5 Trillion
As the wealth divide grows deeper, global advocates call for one-time 99 percent emergency tax on billionaires’ pandemic windfalls to fund Covid-19 vaccines for entire world.
Wealth Concentration
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.
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.
Our Billionaires Are Blasting Off. Good Riddance!
Could space become the ‘final frontier’ in the struggle for a more equal world?