Americans Are Eager to Tax the Rich, Multiple Polls Show

Ilana Novick Feb 4, 2019 The support for increasing the percentage of what the wealthiest Americans pay is far-reaching and bipartisan. Dig deeper ( 3 Min. Read )

Bernie Sanders Introduces Dramatic Plan to Tax the Rich

Ilana Novick Jan 31, 2019 He joins Elizabeth Warren and Alexandria Ocasio-Cortez in adding to a wave of proposals for making the wealthy pay their fair share. Dig deeper ( 3 Min. Read )

The Growing Danger of Dynastic Wealth

Robert Reich / RobertReich.Org Sep 17, 2017 It's so easy for the wealthy to pass their fortunes to their children, tax-free, and Republicans are about to make it even easier. Dig deeper ( 3 Min. Read )

For Trump’s Rich Appointees, Death May Be Certain, but Taxes Aren’t

By Allan Sloan and Cezary Podkul / ProPublica Jan 24, 2017 If Republicans succeed in repealing the estate tax, Rex Tillerson, Gary Cohn, Wilbur Ross, Jared Kushner, Steve Mnuchin, Betsy DeVos and their heirs may be able to defer capital gains taxes forever. Dig deeper ( 6 Min. Read )

VIDEO: Raising the Estate Tax on the Very Rich Is Step 8 to Save the Economy

Robert Reich / Truthdig Jun 6, 2015 At a time of historic economic inequality, it should be a no-brainer to raise a tax on inherited wealth for the very rich. Yet there’s a move among some members of Congress to abolish it altogether. Dig deeper ( 2 Min. Read )

A Progressive Estate Tax

Staff / Truthdig Sep 10, 2014 Unless we reduce skyrocketing wealth and income inequality, unless we end the ability of the super-rich to buy elections, the United States will be well on its way toward becoming an oligarchic form of society where almost all power rests with the billionaire class. Dig deeper ( 3 Min. Read )

Obama’s ‘Mixed Feelings About Old People’

Alexander Reed Kelly / Truthdig Apr 27, 2013 The president gave wealthy Americans "a most generous reduction in their estate taxes" while telling Social Security beneficiaries "to live with smaller benefit checks," William Greider writes in The Nation. Dig deeper ( 1 Min. Read )

How the U.S. Tax Code Benefits the Wealthy (and Screws Over Most Everyone Else)

Tracy Bloom / Truthdig Apr 15, 2013 One thing to remember on Tax Day 2013: It's good to be a wealthy citizen in the United States. Thanks to tax breaks aimed specifically at those who make boatloads of money, the average rich person takes in an additional $250,000 in income each year. The rest of us? Not so fortunate. Dig deeper ( 2 Min. Read )

Obama: Tax-Cut Deal Helps the Middle Class

Staff / Truthdig Dec 18, 2010 In Internet-ese, one possible response to a couple of President Obama's more intriguing justifications on Friday for the passing of the contentious tax-cut bill might be O RLY? This is because the president declared later that same day . Dig deeper ( 1 Min. Read )

Obama’s Tax Cave Is Worse Than Expected

Staff / Truthdig Dec 7, 2010 Based on what The New York Times describes as President Obama's "substantial concessions to Republicans," Democrats in Congress have reason to fret Not only did Obama agree to extend the Bush tax cuts for the wealthy, but he caved in to Republican demands to neuter the estate tax (more). Dig deeper ( 1 Min. Read )

‘A Good Year to Die’

Ruth Marcus / Truthdig Jul 15, 2010 George Steinbrenner's well-timed death -- though I suspect he may not have seen it that way -- points up the insanity of the current estate tax situation. Dig deeper ( 3 Min. Read )

Krugman: ‘Bipartisanship Is Now a Foolish Dream’

Staff / Truthdig Mar 6, 2010 Someone might want to call President Barack Obama's attention to the main message of Paul Krugman's latest Op-Ed column in The New York Times: This whole bipartisanship idea isn't going to catch on in Congress Krugman takes the recent example of the bill-blockading gymnastics of Sen Jim Bunning (pictured above), along with (continued). Dig deeper ( 1 Min. Read )