For years many economists and financial market analysts have warned that government spending will place a burden on future generations. According to IRS data, 61…
Posts tagged as “wealth”
Non-profit investigative journalism site ProPublica has obtained mountains of tax information, including data on the wealthiest 25 individuals in the United States. The claim promoted…
Poor math skills lead to popular social media memes. “Jeff Bezos could give each American $1 million and still have money left over.” That’s not…
If Democrats pass legislation forgiving loans, the move might be popular with their educated progressive base, yet unpopular with many working-class voters. Student debt is…
Entrepreneurs create wealth, something supported by data globally (particularly in emerging markets). Having an idea, either an innovation to an existing product or the creation…
What we are witnessing in political debates about wealth is also an intergenerational dispute. Older Americans, who are living longer and working longer than ever…
Elizabeth Warren and Bernie Sanders promise that a (likely unconstitutional) wealth tax will allow the United States to pay for all sorts of new and…
Bernie Sanders suggests billionaires should not exist. Elizabeth Warren comes close. Both of their wealth tax plans would eventually stop collecting money or at least stop…
Sen. Elizabeth Warren’s (D-Mass.) has proposed a “wealth tax” on individuals with wealth valued at more than $50 million. After $1 billion in wealth, the…
The Republicans have a perception problem of their own creation. They are perceived as the party of the rich — and the association with Donald…