Mass Layoffs Have Our Rich Thriving — and Workers Writhing
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How do you know when you can finally rate as certifiably super rich?One simple test: You can look at the menu...
Is Golf a sport? Not Anymore
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At my 16-year-old grandson’s high school, students have to choose a different sport for gym class every semester. My grandson chose...
The Donor Revolt for Charity Reform
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New research: Who is lobbying against common-sense charity reform?We must ensure that large charitable gifts don’t languish idly for years in intermediaries,...
Why Are Politicians Still Courting the Nefarious Fossil Fuel Lobby?
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From March 18 to 22, 2024, the oil and gas industry held its major annual conference, CERAWeek, in Houston, Texas.The conference speakers included the...
To Trim Our Richest Down to Democratic Size, We Need to Think Big
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How rich have America’s super rich become? The annual compensation of Steve Schwarzman, the chief exec of the private-equity colossus Blackstone...
International Community Condemns April 10 Ruling in El Salvador’s Court on the Santa Marta...
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FOR IMMEDIATE RELEASEPress contacts belowSan Salvador – On Wednesday, April 10, in San Salvador, in a preliminary court hearing to determine...
Comunidad internacional condena fallo en contra de los Defensores del Agua de Santa Marta...
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PARA PUBLICACIÓN INMEDIATAContactos de prensa debajoSan Salvador – El miércoles 10 de abril, en San Salvador, en una audiencia preliminar para...
US prosecutors push to seize apartment tied to Congolese president in luxury Trump complex
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U.S. authorities are looking to seize a $7.1 million...
FACT SHEET: Your 2024 Tax Receipt
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It’s spring, and that means Americans are filing their tax returns. Most will know whether they get a refund, but how...
NEW: In 2023, the average American’s income taxes funded $5,109 for militarism and its...
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FROM THE NATIONAL PRIORITIES PROJECT AT THE INSTITUTE FOR POLICY STUDIESFOR IMMEDIATE RELEASEPress contacts belowWashington, D.C. – Ahead of Tax Day,...
Panama Papers trial begins with denials eight years after historic tax evasion exposé
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Eight years after the International Consortium of Investigative Journalists...
The Executive Actions Biden Should Take on Climate
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In his State of the Union speech, President Biden touted his administration’s commitment to “confronting the climate crisis, not denying it.”...
Billionaire Wealth Is Soaring. We Need Progressive Taxation Now.
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Anew, disturbing milestone has been confirmed with the release of Forbes Magazine’s 38th annual World Billionaires List. The US billionaire class is now larger...
Tax Rules, Investment Houses, and Donor-Advised Funds: What’s at Stake?
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In November 2023, the IRS published a set of proposed regulations that would apply to donor-advised funds (DAFs), with the aim of clarifying technical tax...
REPORT: Who Is Lobbying against Common-Sense Charity Reform?
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In total, those lobbying against DAF reform outside of the ACE Act spent $7,990,000 on lobbying efforts over the past five...
“Donor Revolt for Charity Reform” Campaign Highlights Strong Demand for Changes to Philanthropy Rules
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FOR IMMEDIATE RELEASEPRESS CONTACTS BELOWWashington, D.C. – Over 160 prominent philanthropists and seven national funding and policy organizations are launching a...
Haitian journalist, YouTuber kidnapped by gang members, released
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Local journalist Sean Roubens was kidnapped on March 14, 2024, by a gang in Haiti’s capital city of Port-au-Prince...
How investment firms shield the ultrawealthy from the IRS
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In 2015, the U.S. Department of Treasury...
Labor Holds the Line in Argentina
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Originally published in Inequality.org.
This March, Argentina’s school year began with empty classrooms. The price of learning materials rose...
VIDEO: The U.S. Said It Was Calling for a Gaza Ceasefire, But Its U.N....
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After months of opposition, the Biden administration is now calling for “an immediate ceasefire” in Gaza — and the release of...
Shouldn’t Every American Enjoy the Luxury of a Roof?
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America, a new report details, is minting millionaires at a record pace. Some 37 percent of the world’s millionaires, analysts at...
Cyprus and U.S. to form partnership to combat financial crime
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The United States and Cyprus are codifying a partnership...
Met taps Sotheby’s executive to lead new provenance research team
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New York’s Metropolitan Museum of Art has named an...
Coming Soon to a Mansion Near You: A Tax on Over-the-Top Greed Grabs
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Back in 1928, the bold and brassy mobster Al Capone spent $40,000 — about $851,000 in today’s dollars — on “a stately Spanish...
