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Taxes on the Rich

Raising Taxes On The Rich Would Reduce Income Inequality: Larry Summers

The Huffington Post | Jillian Berman | Posted 02.17.2014 | Business

Raising taxes on the rich would "play a major role" in reducing income inequality, according to Larry Summers. Capping the earnings of the likes of...

Richard Branson: I Didn't Leave The U.K. For Tax Reasons

CNBC | Reporting by Deirdre Wang Morris, writing by Holly Ellyatt | Posted 10.16.2013 | Business

U.K. billionaire Richard Branson has mounted a swift online defense of his decision to live on his private Caribbean island retreat, claiming he was n...

Why The Income Gap Keeps Widening

The Huffington Post | Jillian Berman | Posted 06.17.2013 | Business

Income for the country's top 1 percent has soared by 275 percent over the past 30 years, while growth for the rest of us has stagnated. A new study f...

Study Debunks Popular Misconception About Tax Reform

The Huffington Post | Jillian Berman | Posted 05.15.2013 | Business

Raising taxes on the rich doesn't make them less productive -- except when it comes to avoiding taxes, according to a new paper. The study, by the...

Mark Zuckerberg Could Owe More Than $1 Billion In Taxes

Posted 03.28.2013 | Business

Forget about his fortune, Mark Zuckerberg’s tax bill alone is worth more money than most of us can even fathom. The Facebook CEO’s 2012 tax bi...

Taxes On The Rich Near 30-Year High

AP | STEPHEN OHLEMACHER | Posted 05.03.2013 | Business

WASHINGTON — The poor rich. With Washington gridlocked again over whether to raise their taxes, it turns out wealthy families already are payin...