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wealth inequality
In many states, the tax code directly widens income inequality and its a deliberate policy choice driven by low or nonexistent income taxes.
Thanks to policy changes, more and more of the country's megarich are keeping their wealth in the family.
Dont you just hate it when your superyacht wont fit under a bridge? Thats the totally relatable problem facing billionaire Amazon founder Jeff Bezos. Fortunately, he has a solution
"Tax us, the rich, and tax us now," said the letter. Otherwise, there will be "pitchforks" over the injustice, they warned.
WHAT'S HAPPENING
The 10 richest people in the world all white men have more than doubled their wealth during the ongoing COVID-19 crisis.
Roughly 3 out of 4 American billionaires have seen a rise in their net worths. Elon Musk alone has tripled his net worth during the pandemic.
Elites are finding more ways to ensure that their children never run out of chances to fail.
Howard Schultz has been dragged for being out of touch after lamenting how billionaire has become a dirty word.
It's not just about hard work.
Business isn't booming and workers' wages aren't moving, despite massive company tax cuts, according to data.
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