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Wealth Tax

The Rise Of The Non-Working Rich

Robert Reich | Posted 09.14.2014 | Politics
Robert Reich

In a new Pew poll, more than three quarters of self-described conservatives believe "poor people have it easy because they can get government benefits without doing anything." In reality, most of America's poor work hard, often in two or more jobs. The real non-workers are the wealthy who inherit their fortunes. And their ranks are growing. In fact, we're on the cusp of the largest inter-generational wealth transfer in history. The wealth is coming from those who over the last three decades earned huge amounts on Wall Street, in corporate boardrooms, or as high-tech entrepreneurs. It's going to their children, who did nothing except be born into the right family.

Michael McAuliff

Elizabeth Warren Dodges On Wealth Tax

HuffingtonPost.com | Michael McAuliff | Posted 04.28.2014 | Politics

WASHINGTON -- Elizabeth Warren isn't all the way on the Piketty line. The Democratic Massachusetts senator has nothing but good things to say about...

Ryan Grim

Elizabeth Warren Simplifies Thomas Piketty: 'Trickle Down Doesn't Work. Never Did'

HuffingtonPost.com | Ryan Grim | Posted 04.25.2014 | Politics

The No. 2 author on Amazon's best-seller list, Sen. Elizabeth Warren, weighed in Thursday night on the No. 1 book, identifying overlapping themes. ...

A Year of Delightful Egalitarian Imagination

Sam Pizzigati | Posted 02.25.2014 | Politics
Sam Pizzigati

People aren't just talking about how unequal we've become. They're talking about antidotes to the avarice all around us.

How a Progressive Tax System Made Detroit a Powerhouse (and Could Again)

Mary Manning Cleveland | Posted 10.12.2013 | Detroit
Mary Manning Cleveland

After 1950, Detroit began to shrink, the first break in its sensational upward trajectory. What happened? Some blamed the end of the war, but America was pouring billions into the Interstate Highway System. The world wanted American cars and trucks. The causes of decline must have been internal.

Wealth Taxes to Cure Inequality? How About Tax Reform Instead.

Joseph J. Thorndike | Posted 09.23.2013 | Politics
Joseph J. Thorndike

What are the prospects for a new federal tax on wealth? Pretty good, if you think surging inequality will trigger a populist revolt. But not so good i...

Protesters Demand Wealth Tax

AP | Posted 10.01.2012 | Business

BERLIN -- Thousands of people across Germany have protested for the introduction of taxes on wealth and financial transactions. Organizers said Satur...

The Global Super-Rich Stash: Now $25 Trillion

Sam Pizzigati | Posted 01.15.2012 | Business
Sam Pizzigati

Another super-slick global financial analysis firm has just tallied how much net worth is sloshing around in the pockets of the world's most spectacularly wealthy. So when will the time finally come to stop the counting -- and start the taxing?

Private Wealth, Public Needs

David Callahan | Posted 05.25.2011 | Politics
David Callahan

With both federal and state governments running record deficits, many fear that the United States is going broke. This is absurd, of course. Public co...

House Dems Seek To Tax The Wealthy To Pay For Health Plan

New York Times | DAVID M. HERSZENHORN | Posted 05.25.2011 | Politics

House Democrats will ask the wealthiest Americans to help pay for overhauling the health care system with a $550 billion income tax increase, the chai...

German Scholar Exposes Turkish Propaganda about Jews

Harut Sassounian | Posted 05.25.2011 | World
Harut Sassounian

German scholar Corry Guttstadt exposes the oft-repeated lie that Turkey provided a safe haven to many European Jews during the Holocaust.

7 Year-End Tax-Saving Moves

CNN/Money | Jeanne Sahadi | Posted 05.25.2011 | Business

You probably don't know what your federal tax liability will be for 2007, and Congress certainly isn't helping. Lawmakers have yet to pass a temporary...