Imagine a story about tax policy created by horror writer Stephen King. A fictional Congress, divided between anti-tax ideology and fiscal responsibility, amends the inheritance tax on the very wealthy so that it disappears entirely one year and then returns […]
A century ago, President Theodore Roosevelt expressed alarm about the dangerous concentration of wealth and power in the U.S., and called on the incoming 60th Congress to establish a federal estate tax on large fortunes. Its primary objective, Roosevelt said, […]
Aired on 12 November 2009. Linked from The World. Germany’s new conservative ruling coalition is proposing steep tax cuts to help end the economic crisis. That’s sending Germany’s deficit soaring, so a group of very rich citizens says it wants […]
Aired on 20 October. Linked from Bloomberg. An interview with Wealth for the Common Good co-founder Chuck Collins on Bloomberg’s Inside Look.
Warren Buffett returned to Capitol Hill recently to meet with Democratic Congressional leaders and urge them to raise taxes on the wealthy. Senator Claire McCaskill (D-Mo.) was impressed. “It was interesting to see someone who is such an aggressive capitalist, […]
Sometimes you can’t declare victory until the other side concedes defeat. That’s what happened Monday in the decade-long struggle over the future of the federal estate tax, our nation’s only levy on inherited wealth. The coalition of corporate lobbyists and […]
Warren Buffett, the renowned investor and the world’s second richest man, told Senate Democrats that wealthy Americans need to pay higher taxes, giving Democrats something to mull as they address healthcare reform and soaring federal deficits. Senate Democrats met with […]
Our colleagues at Citizens for Tax Justice have just released another stellar report, this time comparing the net effects of the Bush tax cuts with the cost to enact the House Democrats’ health care proposal. How much did the Bush […]