Tag: millionaires
New report reveals millionaires’ tax rates slashed by half since 1950s,...
This stark reduction in tax rates for the wealthiest Americans coincides with an era of escalating income disparity and could be costing the federal government hundreds of billions in lost revenue annually.
New Massachusetts ‘Tax the Rich’ law raises $1.5 billion for public...
The amendment, applying a 4 percent annual surtax to individuals with incomes over $1 million, was passed via a statewide ballot initiative in 2022.
Why does WaPo see Black as an ‘identity’—but not multi-millionaire?
It’s a shame to see that even there, the voices of the wealthy few can be so unthinkingly substituted for those of the struggling multitude.