U.S. billionaires have boosted their wealth by an additional $565 billion since March 18, a gain of over 19 percent, as pandemic continues on.
New research finds that many aspects of private foundations and DAFs are not acceptable to Americans.
The net worth of eight American billionaires — the 'pandemic profiteers' — surged by over $1 billion in 2020.
As we emerge from this pandemic, substantial tax increases are inevitable. Central to the program should be a tax that limits the hoarding of wealth by the billionaire class.
