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Chuck Collins
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Chuck Collins is co-founder of Wealth for the Common Good, a network of business and civic leaders, wealth individuals and partners promoting fair and adequate taxation to support public investment in a healthy economy. He is author of 99 to 1: How Wealth Inequality is Wrecking the World and What We Can Do About It. He is co-author, with Bill Gates Sr., of Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes (Beacon Press, 2003).

Collins is a senior scholar at the Institute for Policy Studies, where he directs the Program on Inequality and the Common Good. He is an expert on issues of economic inequality and taxation, and co-author of several other books including: Economic Apartheid in America: A Primer on Economic Inequality and Insecurity (New Press, 2005, with Felice Yeskel) and The Moral Measure of the Economy (Orbis, 2007, with Mary Wright), about Christian ethical perspectives on the economy.

Entries by Chuck Collins

Twenty Billionaires Have More Wealth Than Half U.S. Households

(0) Comments | Posted December 1, 2015 | 10:32 PM

400 billionaires are wealthier than 190 million of their fellow Americans.

When should we be alarmed about so much wealth in so few hands?

The Great Recession and its anemic recovery only deepened the economic inequality that's drawn so much attention in its wake. Nearly all wealth and income gains...

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Echoing in the Streets: A Growing Racial Wealth Divide

(0) Comments | Posted December 15, 2014 | 11:33 AM

As protesters march through our cities, a new study dramatizes that at the heart of our racially fractured society is a hidden system of racial wealth inequalities.

The marches in the streets may have been provoked by police conduct in Ferguson and Staten Island. But there is a deeper...

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A Gates Plan for Eliminating Student Debt

(4) Comments | Posted November 14, 2014 | 12:37 PM

A tax on inherited wealth could eliminate student debt while reducing growing inequality.

Over a decade ago, I got a call from Bill Gates.

Not the Bill Gates you're probably thinking of. It was Bill Gates Sr., the Microsoft founder's dad. He was eager to speak out in support of...

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Good Jobs or Healthy Planet? We Can Have Both

(3) Comments | Posted October 18, 2014 | 11:25 PM

If we really want to fix the environment, then we need to join coalitions with organizations that focus on changing our economic system too.

This article is published as part of New Economy Week and in Yes Magazine.

We are heading toward a potentially severe...

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A Real Plutocracy Prevention Act

(4) Comments | Posted September 18, 2014 | 6:28 PM

Senator Bernie Sanders Act Would Bolster Estate Tax and Reduce Inequality

French economist Thomas Piketty made a sensation with his bestselling book about inequality, Capital In The Twenty-First Century. Piketty's big solution is for nations around the world to adopt a "global wealth tax" to reverse the dizzying wealth inequalities...

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Thomas Piketty and Our U.S. Estate Tax

(2) Comments | Posted May 26, 2014 | 9:06 PM

Don't feel bad if you were busy and missed the buzz around the new book Capital in the Twenty-First Century.

It's not every day that a 685-page book about wealth inequality written by a French economist lands on best-seller lists next to Danielle Steele's steamy new novel, First Sight.

The...

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Wealth of Forbes 400 Billionaires Equals Wealth of All 41 Million African-Americans

(2) Comments | Posted January 21, 2014 | 10:27 AM

Racial Wealth Divide Reaches New Heights

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The billionaires that make up the Forbes 400 list have as much wealth as the entire African-American population of the U.S., over 41 million people, according to a new analysis by Bob Lord...

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Helping the Kids: Wealthy Families and Declining Social Mobility

(1) Comments | Posted May 29, 2013 | 6:17 PM

Who is responsible for inequality? Is it the 1 percent, soaking up the lion's share of national income and wealth? Or the failure of people in the 99% to boost their earnings to get sufficient education and skills to compete in the labor market?

In a recent New York Times...

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A Voting Guide for the 99 Percent

(3) Comments | Posted October 3, 2012 | 1:45 PM

Mitt Romney and I both grew up in Bloomfield Hills, Michigan, a wealthy suburb of Detroit. For much of our childhoods, we were represented in Congress by a tireless defender of the rich and powerful, U.S. Representative William Broomfield.

Indeed, we would be hard-pressed to find a politician more faithful...

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How Our Tax System Subsidizes Bloated CEO Pay

(11) Comments | Posted August 16, 2012 | 9:04 PM

For decades we've heard about CEOs who garner more in a day than their average employee earns in a year.

The sad fact is our current tax code encourages these runaway pay packages -- and even subsidizes the excess in a number of ways.

CEO pay also reduces...

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The 99 Percent Spring and Extreme Inequality

(5) Comments | Posted April 2, 2012 | 1:34 PM

The people aren't powerless in the face of extreme inequality.

In the coming weeks, millions of Americans will take to the streets as part of the "99 Percent Spring," echoing last year's "Arab Spring."

At the root of this discontent are the extreme inequalities of...

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Traitors to Their Class

(2) Comments | Posted December 21, 2011 | 2:29 PM

After five weeks, Harvard students just evacuated the tents they had pitched on campus as part of the Occupy Wall Street movement. Their protest helped persuade the university to raise wages and benefits for the college custodians. The students intend to continue their activism by other means, focusing on issues...

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No Tax Holiday for Corporate Job Destroyers

(37) Comments | Posted October 4, 2011 | 4:01 PM

Uncle Sam Should Support Built-to-Last Companies, not Built-to-Loot Enterprises

A powerful coalition of U.S.-based global companies is lobbying hard for a "tax holiday" on offshore profits.

Companies like Google, Apple, Pfizer, and General Electric have parked huge amounts of profits -- a stash totaling more than $1.4 trillion --in offshore...

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A Tax Plan to Rally Around: The Buffett Rule

(58) Comments | Posted September 20, 2011 | 4:20 PM

If you care about the future of the republic, the health of our communities, and the prospects for a transition to a new green economy -- the fight over taxation and concentrated wealth is your fight.

If you care about children -- and the kind of society we are going...

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CEOs Rewarded for Tax Dodging Gymnastics

(22) Comments | Posted August 31, 2011 | 12:45 PM

As the Super Congress eyes trillions in budget cuts that will undermine the quality of life for most Americans, here's a stunning fact to contemplate: Twenty-five hugely profitable U.S. companies paid their CEOs last year more than they paid Uncle Sam in taxes.

In other words, the more CEOs...

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Warren Buffett's Call: Tax Wealth for the Common Good

(19) Comments | Posted August 16, 2011 | 12:54 PM

Warren Buffett is calling. We need more wealthy folks like him to speak up for taxing the wealthy.

Billionaire super-investor Warren Buffett has done it again. The Oracle of Omaha has made a bold and revealing statement about "taxing the wealthy." In his op-ed in Monday's The...

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Pawlenty's Reckless Tax Plan: 10 Years After the Bush Tax Cuts

(138) Comments | Posted June 10, 2011 | 12:17 PM

10 years on, the Bush tax cuts are a disaster -- and we're contemplating more tax breaks for the wealthy. How can we stop the madness?

GOP candidate Tim Pawlenty observed the 10th anniversary of the Bush-era tax cuts by proposing $2 trillion in additional tax cuts, primarily...

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Unnecessary Shutdown, Unnecessary Austerity

(4) Comments | Posted April 7, 2011 | 3:56 PM

Government must stop doling out ever-larger tax breaks to the superrich and vast corporations.

Have you heard? America is broke, according to many governors and lawmakers.

They're calling for deep cuts in teacher pay, firing cops, slashing medical services for working-class kids, and scrapping other essential services to narrow state...

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General Electric: King of the Tax Dodgers

(4) Comments | Posted March 24, 2011 | 11:56 PM

Congressional Republicans are about to cut the Tsunami Warning System from the National Weather Service budget. But if General Electric paid their fair share of taxes, we could reverse this and billions in additional budget cuts.

General Electric Company -- known for its light bulbs, refrigerators -- and lately, for...

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Pay Up, Corporate Tax Dodgers

(65) Comments | Posted February 28, 2011 | 11:42 AM

We're chumps unless we force Congress to stop tax haven abuse.

Instead of cutting state and federal budgets, the United States should crack down on the corporate tax dodgers thumbing their noses at us.

Across the nation, states are making deep cuts that will wreck the quality of life for...

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