Program on Inequality and the Common Good

The U.S.’s billionaires have amassed democracy-distorting concentrations of wealth and power as millions have been thrown into poverty

Senator Elizabeth Warren’s bill would levy a small tax on billionaire fortunes. It could raise billions for recovery—and help protect our democracy.

Billionaires have reaped tremendous gains during the pandemic. A wealth tax will slow the build-up of democracy-distorting concentrations of wealth and power.

Black and Latinx households have less to fall back on when the times get tough.

The 664 richest Americans are now worth a collective $4.2 trillion, up 44 percent since COVID shutdowns began in March 2020.

If you grew up agitated that “women earn 59 cents on the dollar,” for the same work as men, there’s a movie for you.

Billionaire wealth is exploding. They’re passing that wealth to heirs and heiresses virtually tax-free.

The infamous financier’s exploits cast a shadow on the one of Wall Street’s favorite tax avoidance schemes.

A new IPS briefing paper highlights the unique role of tax policy in wealth concentration.

A levy of just 1 percent on wealth over $1 billion would raise more than $2 billion per year to meet the state’s urgent social needs.

Billionaires Win, We Lose

Ten months into the COVID-19 crisis, 660 billionaires see their wealth rise 40 percent.

Concentrating wealth hasn’t just disrupted our major cities. It’s now changing our towns and countryside. Author Justin Farrell shows us how.

Trump didn’t get here on his own. Many have enabled him, especially the billionaires who funneled money his way and then stood by as he damaged our democracy.

The billionaire philanthropist continues to defy the charitable norms of the 1 percent.

This week, Congress takes a meaningful step toward eliminating anonymous shell corporations.

In a holiday shopping season with rampant rates of COVID-19 infection, we must protect frontline workers before it’s too late.

The total wealth of U.S. billionaires reaches $4 trillion, over $1 trillion of which has been gained since the beginning of the pandemic.

The Trump 2017 tax act penalizes states that tax income responsibly.

This essential workforce is hustling to help holiday shoppers while also organizing hazard pay and other COVID-19 protections.