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As private grocers abandon low-income neighborhoods, Zohran Mamdani’s public ownership proposal offers a solution to market ...
In other words, some 99.9999 percent of the proceeds of the Bezos stock sale last year counted as a taxable long-term capital ...
Health care workers are warning of dangerous conditions in hospitals for patients and nurses alike under the new law.
New research shows that raising the top marginal income tax rate could reduce inequality and raise revenue without slowing economic growth ...
The new year has begun with old news: The world is continuing to become colossally more unequal — with the United States leading the way. In 2024, wealth trackers at Bloomberg have just reported in a ...
President Joe Biden and Congressional progressives have responded to public pressure by putting bold spending proposals on the table that would make our economy more fair, sustainable, and resilient ...
There are now 813 billionaires with $5.7 trillion in wealth, making the ten-figure club even more powerful economically and politically. We need a progressive taxation system to reverse inequality.
Once upon a time, here in the United States, we taxed the rich. Significantly. Today, by contrast, we’re actively enhancing their fortunes. Including the biggest personal fortune of them all, the ...
An income tax rate of over 100 percent would be hard for anyone to sustain. At a rate a smidge over 100 percent, our deepest pockets might be able to get by if they drew down their wealth or borrowed ...
Congress should use taxes to generate new revenue from Wall Street firms and executives and to curb excessive CEO pay, unproductive short-term financial speculation, and wasteful stock buybacks.
The GOP’s “One Big Beautiful Bill,” passed by the narrowest of margins in Congress and signed into law by President Trump, represents the largest transfer of wealth from the poor to the rich since ...
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