Tag: rich
Our new art ‘appreciation,’ billionaire-style
Fine art has never been more financially lucrative — or less central to our culture.
US billionaires are now $2.1 trillion richer than before the pandemic
Not only did the wealth of U.S. billionaires grow, but so did their numbers: in March of last year, there were 614 Americans with 10-figure bank accounts. Today there are 745.
The hypocrisy of the federal spending debate
We must not let our lawmakers get away with this charade of fiscal responsibility to defeat Build Back Better.
Pandora Papers: ‘Biggest-ever’ bombshell leak exposes financial secrets of the super-rich
"This is the Panama Papers on steroids."
NYT runs interference for billionaires who don’t want their wealth taxed
Fortunately for them, they’ve got the New York Times running interference.
Will fanboys for grand fortune ever flame out?
Not likely. Our super rich need the fog they create.
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.