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.
Billionaire wealth is exploding. They’re passing that wealth to heirs and heiresses virtually tax-free.
The infamous financier's exploits cast a shadow on one of Wall Street's favorite tax avoidance schemes.