Tag: wealth

“The very wealthy people are not paying their share. Scrap the cap.”

We’re continuing to study how cultural values, social systems and moral intuitions shape people’s judgments of fairness and excess—from views of wealth and ambition to knowledge and AI computing power.

Working-class Americans should view a purposefully engineered recession as blatant aggression by the ownership class.

The wealth of America’s richest 12 billionaires has doubled since 2020, raising concerns about democracy, climate, and economic inequality.

New study reveals that undocumented immigrants pay nearly $100 billion in taxes annually, contributing more to state and local revenues than the wealthiest Americans in most states, while being excluded from the social programs they help fund.

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.

This extraordinary accumulation of wealth comes at a time when nearly 5 billion people globally grapple with the challenges of inflation, war, and the climate crisis, slipping further into poverty.

Power, wealth, and justice in the time of COVID-19.

As percentage of wealth, billionaire taxes have fallen 79% since 1980.

Alaskans will soon confront the dramatic effects of Republican Gov. Mike Dunleavy’s vetoes of US$444 million from the state operating budget of $8.3 billion,...