Portside

The mayor, his supporters, and public opinion convinced their previously reluctant governor to agree to a tax on the second (or third, fourth, fifth, etc.) homes of their city’s nonresident rich. The tax on international billionaires is a huge win...

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The doubling of estimated revenues from the Warren wealth tax adds a dimension to the debate on how to redesign the tax code. The numbers show that the bulk of the money available for taxation is currently shielded.

As inequality grows, states are stepping up where the federal government hasn’t. ‘It’s a movement,’ says Patriotic Millionaires’ Chuck Collins. Washington isn’t the first state to pass a so-called millionaire tax, and it won’t be the last.

Billionaires made 19 percent of all reported federal campaign contributions in 2024, a Times analysis shows, and even more in some local elections. Wealthy donors are reaping the rewards.

Billionaires made 19 percent of all reported federal campaign contributions in 2024, a Times analysis shows, and even more in some local elections. Wealthy donors are reaping the rewards.

The billions that Amazon steals from American buyers and sellers are the source of the millions that Bezos uses to support Trump's fascist takeover of America.

Wealthy individuals are treating where they live and what citizenship options they have with the same considerations they would extend to diversifying investments. “We are truly experiencing the largest private wealth migration in history.”