Can we make the super-rich pay more tax?
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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 ...
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 ...