Tax Wealth to Broaden Wealth
I recently spoke at a veterans' club in suburban Boston about the dangers of America's growing wealth gap and its possible solutions. I informally polled the assembled group of 150 men, all white and...
View ArticleBack from the Dead
On April 13, the U.S. House of Representatives undertook its annual drill of voting to permanently abolish the federal estate tax, our only tax on inherited wealth. In 2003, the House passed identical...
View ArticleThe Wealthy Kids Are All Right
Two 21-year-old college students sit down in a coffee shop to study for an upcoming test. Behind the counter, a barista whips up their double-shot lattes. In the back kitchen, another young adult...
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Must Environmentalists and Labor Activists Find Themselves at Odds With Each...
OCTOBER 13, 2014“I think the American people right now have been so focused, and will continue to be focused, on our economy and jobs and growth, that if the message is somehow we’re going to ignore...
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Bernie, Pope Francis, and the Moral Economy
Tom Williams/CQ Roll Call/AP ImagesSenator Bernie Sanders speaks during a rally with striking federal workers at the Lutheran Church of the Reformation on East Capitol Street NE, September 22, 2015....
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Hillary Clinton Channels Her Inner Teddy Roosevelt
AP Photo/Matt RourkeDemocratic presidential candidate Hillary Clinton speaks during a campaign stop at the Frontline Outreach Center in Orlando, Florida, Wednesday, September 21, 2016. Hillary...
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Private Equity: The New Neighborhood Loan Sharks
This article appears in the Summer 2017 issue of The American Prospect magazine. Subscribe here. Mike Gallagher double-checks the address on his smartphone and walks up the cement steps of the brick...
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How to Restore Taxes on Inheritances
AP Photo/Mark Lennihan, FileSince 2000, a growing number of wealthy U.S. nationals have deployed the offshore system and complex trusts to dodge estate levies and other taxes, including by Facebook...
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A Lost Opportunity to Help Small Business
AP Photo/Keith SrakocicWhere's My Tax Cut? Despite the claims about small business, the Tax Act is heavily tilted toward large corporations. This article appears in the Summer 2018 issue of The...
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