Can we make the super-rich pay more tax?

Conflict in the Middle East has led to volatility in global oil prices, pushing up fuel costs worldwide. Previous oil shocks prompted some countries to reconsider their reliance on cars, investing in alternatives such as cycling. In some places, this has become part of everyday l ...  Show more

Broadcasters from The Netherlands, Ireland, Iceland, Spain and Slovenia are all boycotting May’s Eurovision Song Contest because Israel is participating. Sources within Israel’s broadcaster say calls for it to be banned are unjustified, and organisers of the contest insist it mus ...  Show more

Jeff Bezos, Michael Bloomberg, Elon Musk and George Soros are household names. They are among the wealthiest people in the United States.

But a recent report by ProPublica has found another thing that separates them from regular Americans citizens: They have paid almost ...

If you work hard in the United States, there is no limit to the possibility of what you might achieve. That’s the American Dream. But the reality is that America today increasingly resembles aristocratic societies of the past, which were characterized by little social mobility an ...  Show more

Measuring wealth is easy. You just count it up. Measuring some of the downsides of wealth is so much harder and more nuanced. They can be so nuanced and hard to measure that many people won’t even believe they exist. A downside to wealth? How could that possibly be? < ...

Carried interest is a loophole in the United States tax code that has stood out for its egregious unfairness and stunning longevity. 

Typically, the richest of the rich pay 40 percent tax on their income. The very narrow, select group that benefits from carried interest ...