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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 from the Center for Working-Class Politics shows that progressive economic policies can bring working-class ...
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 ...
The private jet lobby is pushing hard for a massive tax break for billionaires and centi-millionaires that use the most polluting form of transportation on the planet. Legislation rapidly moving ...
Our capital gains effective tax rate shrinks as the gains grow in size and duration, inviting the tax dodge that’s driving America’s wealth concentration.
Increasing state taxes on the wealthy raised revenue without triggering millionaire flight, a new study found.
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 ...
The cadre of billionaires in top cabinet positions in Donald Trump’s administration is a clear embrace of government by and for the wealthy. The ultra-wealthy have accumulated an unfathomable amount ...
Amazon workers at the JFK8 warehouse on Staten Island shocked the world in 2022 when they voted to form the first American union at the e-commerce giant. A new documentary — Union — gives a behind-the ...
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 ...
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