Tag: rich
The millionaires surtax in House Tax Committee proposal
While the millionaires surtax does not address the colossal inequalities of wealth, it focuses on taxing income that largely flows from wealth.
House bill would blow up the massive IRAs of the superwealthy
If the bill passes, Roth accounts would be capped at $20 million for high-income individuals.
The real socialism in America isn’t what you think
It’s more socialism for the rich, harsh capitalism for the rest.
Jeff ‘Space Cowboy’ Bezos
Space flights used to achieve scientific purpose. Now they're a rich man's carnival ride.
America’s billionaires: Borrowing their way to ever more fabulous fortunes
Their current combined fortune: $4.7 trillion, up $1.8 trillion since the pandemic began.
Democratic senators call for investigation of tax avoidance by the ultrawealthy
Sens. Elizabeth Warren and Sheldon Whitehouse demanded an investigation into how the rich use “legal tax loopholes to avoid paying their fair share of income taxes.”
Can we conquer our grand dynastic family fortunes?
We most certainly can. We have history on our side.
A global tax deal for the rich, not the poor
Despite the recent G7 agreement on corporate taxation, global leadership requires going beyond national interests to ensure that all countries have sufficient resources to develop healthier post-pandemic economies.
Living ever larger in the lap of luxury
Today’s fabulously rich can easily guarantee themselves a tumbril-free future.
FDR must be smiling
Biden’s plan to create jobs and tax the rich is a good deal bolder than it looks at first glance.