wealth tax
Do We Need Another Rolls-Royce Showroom?
A tiny tax on global personal wealth over $1 million, newly released global wealth distribution data show, could ensure that no child anywhere on the planet has to live in extreme poverty.
Let’s Talk Taxes, Let’s Talk Trillions
America’s deepest pockets, a new report shows, are saving big bucks from the U.S. tax code’s wide assortment of income tax breaks. They’re saving even more from the absence of a wealth tax.
Should the Billionaire Club Start Paying Dues?
Austerity budgets are spreading everywhere, but wealth, new data show, has become more concentrated at the global economic summit than ever before. From Cairo to Palo Alto, even some conservatives are now talking wealth tax.
The Global Super-Rich Stash: Now $25 Trillion
Still another global financial analysis firm has just tallied how much net worth is sloshing around in the pockets of the world’s most spectacularly wealthy. So when will the time finally come to stop the counting — and start the taxing?
Do We Need ‘Student Loans’ for Billionaires?
Students of modest means must pay a stiff price to build their capacity to contribute to society — and pay interest if they can’t afford that price. A wealth tax could apply this same principle to America’s rich.
A Painless Fix for America’s Budget Squeeze
An emergency 1 percent ‘wealth tax’ on the nation’s richest 1 percent could raise enough revenue to keep teachers on the job and libraries open. But our dysfunctional political system can’t even raise that possibility.
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