How Much Wealth Are Our Wealthiest Hiding?

More than enough, the latest statistical evidence suggests, to warrant a full-fledged federal search. A new banking law in effect this month could start that search in the right direction. Read more . . .

So Much Tax Evasion, So Little Accountability

\Over two years ago, the IRS announced an ambitious new effort to subject the super rich to unprecedentedly intensive audits. How’s that effort working out? Most lawmakers would rather you not ask.

Law and Order 24/7, Except at Tax Time

The rich don’t much like paying taxes when tax rates run high. They don’t much like paying taxes when tax rates run low either.

Taxes, Transparency, and Our Opaque Opulent

Mega-millionaire residents of Manhattan’s finest luxury towers pay less of their income in federal taxes than the janitors in their towers do. Once upon a time, we had a law that discouraged that distinction.

Locking In Inequality for Another Generation

A widely overlooked provision in last month’s tax cut deal is going to speed even more wealth to America’s Paris Hilton set.

‘Overtaxation’: Our Phoniest Problem?

Friends of the financially fortunate are trying to turn reality upside-down — and save our undertaxed rich mega billions in the process.

The Great Recession’s Phony New ‘Silver Lining’

Hard times, a rash of new media reports now assures us, are significantly narrowing the gap between the rich and everybody else. So why are so many super rich still smiling?

Jack Kemp and Taxes: The Final Irony

Tax-cutters inspired by Jack Kemp have always argued that high tax rates give the rich an incentive to cheat on their taxes. The reality: So do low tax rates.

Nelson Rockefeller’s Deepest, Darkest Secret

In our staggeringly unequal times, the source of Rocky’s distress can offer the rest of us some welcome public policy inspiration.

Cheating Uncle Sam

America’s richest have seen the top tax rate on their income drop by half since 1980. Apparently, suggests a new analysis of IRS data on tax cheating, they feel they deserve a bigger discount.