Some of our billionaires feel comfortable only in states of the neo-Confederacy.
Poverty & Wealth
Posted inEconomic Policy
Notes for Next Time
My generation got a very good economic deal. We need to restore opportunities to our children and grandchildren, or there will be more recruits to MAGA.
Posted inEconomic Policy
A K-Shaped Economy Requires K-Shaped Taxes
Wealth tax skeptics either fail to notice the massive upward redistribution of wealth, income, and political power, benefit from it, or fear challenging it.
Posted inEconomic Policy
Billionaire Wealth Has Doubled So Far This Decade
An estimate of a new wealth tax proposal shows that it would generate twice as much revenue as it did when it was first introduced in 2021.
Posted inEconomic Policy
More States Are Taxing the Ultra-Rich—Washington Is the Latest
As inequality grows, states are stepping up where the federal government hasn’t. ‘It’s a movement,’ says Patriotic Millionaires’ Chuck Collins.
Posted inPolitics
Tom Steyer Is Trying Politics
To revive a dead political culture that could lead to a Republican becoming governor in one of the nation’s most Democratic states, the billionaire former investor is talking to voters.
Posted inEconomic Policy
Democratic Presidential Contenders Have a New Idea: Tax Cuts
Chris Van Hollen and Cory Booker argue that middle-class households are paying too much in federal income taxes.
Posted inTAP
Democrats Get Serious About Taxing the Rich
Having finally realized that the rich are orders of magnitude richer than they used to be.
Posted inTAP
Google Man Peddles Snake Oil
Sergey Brin funds a campaign to convince Californians to negate a wealth tax, through a ballot measure that conceals its intended purpose.
Posted inEconomic Policy
How to Tax Billionaires
The details are complicated. The politics should be simple.