The 2017 tax cuts put a $10,000 cap on the deduction for state and local taxes. The richest households would see the biggest gains from eliminating or raising the cap.
In 1950, the top 0.01% of earners paid almost 70% of their income in taxes. By 2018, the super-rich paid proportionately less than the average for all other Americans.
If you see the Tesla Bot as a joke or a harbinger of a dystopian future, you could be missing the real threat, which has more to do with Elon Musk’s power than robots run amok.
Agata Soroko, L’Université d’Ottawa/University of Ottawa
Teaching kids better budgeting won’t fix post-pandemic inequalities. A more robust social safety net, less hoarding and squandering of wealth and more equitable tax policies might.
In 1970, Gil Scott-Heron penned a spoken word song called ‘Whitey on the Moon’ that criticized the 1969 Moon landing. A hip-hop scholar explains why the song still reverberates today.
It wasn’t long after Jeff Bezos announced his plans to go to space that Sir Richard Branson joined in, setting a launch date to beat Bezos by nine days.
By not attaching any strings to the money, championing representation and generally taking care to respect nonprofit leaders, she’s following five best practices.
By not attaching any strings to the money, championing representation and generally taking care to respect nonprofit leaders, she’s following five best practices.
Rather than pump money into a broken system, people like Jeff Bezos and Charles Koch could use their money to help fix it – by insulating politics from money.
By not attaching any strings to the money, championing representation and generally taking care to respect nonprofit leaders, she’s following five best practices.
Professor of Management & Organizations; Professor of Environment & Sustainability; Professor of Sustainable Enterprise at the Ross School of Business and School of Environment and Sustainability, University of Michigan