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Our capital gains effective tax rate shrinks as the gains grow in size and duration, inviting the tax dodge that’s driving ...
I’m one of the many laid-off federal employees who worked to prevent, predict, and repair hurricane damage — and I fear for ...
Increasing state taxes on the wealthy raised revenue without triggering millionaire flight, a new study found.
Young workers have played a critical role in the labor movement that deserves recognition. On May Day, we remember the long – ...
In a rare display of bipartisanship, politicians of both parties are telling the Trump Administration not to sell the public ...
Income includes the revenue streams from wages, salaries, interest on a savings account, dividends from shares of stock, rent, and profits from selling something for more than you paid for it. Unlike ...
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 ...
Systemic racism has contributed to the persistence of race-based gaps that manifest in many different economic indicators. The starkest divides are in measures of household wealth, reflecting ...
Americans across the political spectrum are rightly fed up with up with overpaid CEOs. But many also feel there’s nothing we can do about this problem. That’s where they’re wrong. People can use their ...
The Washington, D.C.-based Tax Foundation has long functioned as an apologist for America’s deepest pockets. Analysts at the Foundation have spent years assuring us that our wealthiest are paying far ...
Republican leaders in Congress have been working feverishly over recent days to renew the rich people-friendly 2017 Trump tax cuts set to expire at this year’s end. Both the House and Senate have now ...