The Pandora Papers show the US to be a global center of illicit financial flows. Building the political will to curb this requires action in national capitals and global institutions, and also in all the jurisdictions where wealth is hidden.
Here it is: The full story of wealth inequality in America. The top 1% holds 15x more wealth than the bottom 50% combined.
“No one is safe unless we are all safe.” That message was repeated throughout the day to world leaders assembled at the UN, as the inequity of vaccine distribution came into sharp focus.
The “Dark Money” Playbook. Nina Simone | Backlash Blues. How a Billionaire Team Owner Pays a Lower Tax Rate Than LeBron James. What’s in the 4% of Our DNA That Makes Us Different From Chimps? Debunking the Myth of the Lost Cause.
How do billionaire team owners end up paying lower tax rates not only than their millionaire players, but even the person serving beer in the stadium? Let’s go to the highlights.
Tax laws allow owners to claim that their teams lose value, lowering their tax bills. The government misses out on billions in revenue.
We are tempted into believing that a system can be defended that allows a man to accumulate more than $100 billion. It can’t.
With plagues, political dysfunction and near-Dickensian economic differences rampant, a Mother Jones editor charts the lives of the super rich, showing the fascinating, otherworldly realm they inhabit—and the insidious ways this realm harms us all.
"Walmart, which pays its CEO nearly 1,000 times more than its average worker, would pay up to $855 million more in taxes."
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