Tag: wealth inequality

Over the next few decades, the richest American families could avoid paying about $8.4 trillion in taxes, or more than four times...

Thoroughbred horses, auto racing, massive ranches, luxury hotels. The hobbies and side businesses of the ultrawealthy create huge write-offs that can let them get away with paying little or no income tax for as much as a decade at a time.

"If there is one lesson to be learnt from the global investigation, it is that inequality is always a political choice."

It’s not the priorities of the wealthy, that’s for sure.

We must find momentum through our discontent, and be “outraged enough to become even more politically active.”

What this country might look like if its politics were so much less top-down and so much more bottom-up.

We must stop this vicious cycle — and demand an economy that works for the many, not one that concentrates more and more wealth in the hands of a privileged few.

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.

We must not let our lawmakers get away with this charade of fiscal responsibility to defeat Build Back Better.

Closing our staggering wealth gap is crucial to the survival of both our economy and our democracy.