wealth

Why ‘We Need To Tax Billionaires’

Top U.S. economist Gabriel Zucman makes the intellectual, political and financial case for a wealth tax in this exclusive excerpt from his latest book.

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.

UK government’s new ‘class unit’ promises to tackle inequalities – but it’s a risky strategy

Inequality has been debated in British politics for decades, often with a reluctance to address class issues. Bridget Phillipson, the minister for women and equalities, thinks this needs to change. Announcing the government’s new class unit, she argued that Britain has been “squeamish about class for too long”.

It’s not just rough sleeping – Andy Burnham’s housing plans need to include the ‘hidden homeless’

Andy Burnham has placed housing inequality, council house building and eradicating rough sleeping at the top of his priority list as prime minister. He has now announced plans to get rough sleepers in England into accommodation by Christmas.