Why are we so utterly in thrall to upper-crust tales of privilege, riches and scandal? Because it’s a great story of wealth, heritage and survival in the modern world.
New research shows the negative impact gender norms can have on UK savings goals.
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Max Rashbrooke, Te Herenga Waka — Victoria University of Wellington
The number of New Zealanders with ‘negative net wealth’ is large and growing – reflecting widening economic inequality that remains an urgent political priority.
Giving a portion of one’s wealth annually is part of the spiritual practice in Islam.
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Marc Tassé, L’Université d’Ottawa/University of Ottawa
Highly compensated ‘enablers’ such as financial experts, lawyers, accountants, notaries, estate agents and company service providers are assisting oligarchs, dictators and criminals around the world.
Why the super-rich are targeting the Mount Rushmore state.
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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.
Some extremely rich people are paying a much smaller share of their income on taxes than other folks.
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David Campbell, Binghamton University, State University of New York
News about how little income tax some of the richest Americans reportedly pay is adding to questions about the value to society of their massive charitable donations.
Recent college graduates owed an average of nearly $30,000 in student loans in 2019.
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Student loan debt can affect not only the financial health of recent grads but also their mental and emotional health. Three scholars weigh in on the greater costs student loans can have on borrowers.
You might be surprised to find yourself in the company of Elon Musk and Jeff Bezos in the world’s richest 1%. This has big implications for planetary survival.
We find low taxes on the rich bring economies little benefit. This suggests there is a strong economic case for raising taxes on the rich to help repair public finances following the pandemic.
Professorial Fellow and Deputy Director (Research), HILDA Survey, Melbourne Institute of Applied Economic and Social Research, The University of Melbourne
Pro Vice-Chancellor: Climate, Sustainability and Inequality and Director Southern Centre for Inequality Studies, University of the Witwatersrand, University of the Witwatersrand