wealth

The wealthy do not flee because of tax

I missed this in the Financial Times from 30 July: The number of “non-doms” [in the UK] dropped by less than 1 per cent immediately

Federal Tax Cuts for the Wealthy Are Bankrupting States. Some Are Fighting Back.

Why finance jobs are widening income inequality in cities around the world

Our study found that financial hubs around the world have significantly higher levels of income inequality.

Trump Weighs Another Giveaway to the Wealthy With Capital Gains Indexing Ahead of Midterms

Trump is once again weighing a proposal to index capital gains taxes to inflation as part of a set of policy promises ahead of the midterm elections. It would amount to a massive new tax break for wealthy investors.

The big Blair-era loophole behind Palantir’s tiny tax bill

Palantir’s UK CEO Louis Mosley says the company uses “a standard tax incentive” to minimise corporate tax. But the UK is one of the few countries that allows for this.

Calls to tax billionaires are growing. Is there a better way to tax the rich?

Here’s why billionaires can face lower tax rates than people whose income primarily comes from wages.

Decolonizing economics means questioning where its ideas came from — and imagining new ones

Calls to decolonize economics challenge the discipline’s foundational assumptions about development, markets and inequality.

Donald Trump has made US$2.2 billion in his second term. How does that stack up against other US presidents?

The 47th US president and his family have benefited more financially from the presidency than any of his predecessors.

Argentine town atop a lithium fortune lacks basic services

For two decades, Antofagasta de la Sierra's residents have been promised the lithium boom will bring gas to their homes

We’ll need more than a wealth tax to deal with inequality

“I believe that the economy is rigged in favour of the rich,” says Gary Stevenson, in his documentary for Channel 4, “How To Get Filthy Rich”.