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Wankers, Wink-ers, Wonk-ers… and Workers
I have been so repulsed by the Epstein revelations that I was certain I wouldn’t write about them. But how could I not add my voice to the chorus of people pointing to this as one of the best (worst) examples of the consequences of greed and extreme wealth. When those...
The Second Greediest Man in America
If billionaires have some unique skill in being billionaires, it is not related to innovation but rather to tax avoidance, including devising tax loopholes and undermining enforcement. The California Wealth Tax has brought billionaire greed into the open, as these uber-wealthy announce they are leaving California to avoid paying the tax.
2025 – The Last Greedy Year
For many of us, Christmas conjures up “A Christmas Carol” by Charles Dickens, a tale of society’s moral obligation to provide for those in need, with Scrooge’s character embodying the selfishness, heartlessness and indifference of that era’s upper-class. We’ve referred to this Scrooge-like behavior as excessive wealth disorder, but I recently came across another term for it: “sociopathic greed.”
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The Philanthropy Issue
We all have status anxiety. Wealth inequality significantly exacerbates people’s status anxiety, which explains the near-perfect correlation between unequal societies and what are called negative social indicators. The U.S., the most unequal country, has the worst scores on infant mortality, health and education outcomes, incarceration rates, opioid use, and trust in our fellow citizens.
Reflections on Return from Europe
I’m writing this blog in a jetlagged state, having just returned from Europe. The trip started in Amsterdam where I had lunch with the most impressive Ingrid Robeyns, author of the book Limitarianism: The Case Against Extreme Wealth. Her book makes a compelling case for limiting the amount of wealth any one person can accumulate.
What’s Fair
Recent polling by Tax the Greedy Billionaires confirms what pollsters have been telling us for years: the public overwhelmingly believes, when it comes to taxes, that we have a fairness problem. But what is “fair?”
Who Knew?
Heightened status anxiety, caused by extreme wealth and the resulting inequality, has led to many, probably most, of the problems our nation faces. As I read about the horrors and cruelty emanating from the Oval office, I am reminded of–and haunted by–a New York Times piece I read after the 2024 election.
Extreme Wealth is Bad for Our Health
Extreme Wealth is arguably the central cause of most of the serious problems our nation faces as our dysfunctional democracy allows the ultra-rich to line their own pockets to the detriment of our society.
ICYMI: New Research Center Launches on Bastille Day to Fight Extreme Wealth Inequality
The Extreme Wealth Center (EWC), a new research hub focused on the scope and consequences of extreme wealth, launched on July 14th, Bastille Day, with a virtual event co-hosted by People’s Action Institute and Americans for Tax Fairness (ATF) examining how extreme wealth concentration in modern America mirrors the conditions that sparked the French Revolution.
As GOP Pushes ahead with Plan to Cut Social Programs to Fund Tax Giveaway for the Wealthy, Progressive Groups Highlight a Popular Alternative
WASHINGTON, D.C. – Today, as Congressional Republicans prepare to advance their tax bill, Tax the Greedy Billionaires (TGB) and Americans for Tax Fairness (ATF) released an interested parties memo highlighting how a millionaire surtax would allow Congress to protect...
ICYMI: Democrats Increasingly Bullish on Breaking Up Dangerous Wealth Concentration by Taxing Ultra-Wealthy
Read the full story in Politico WASHINGTON, D.C. – Today, Politico’s Bernie Becker highlighted how Democrats are taking a bolder position to combat unprecedented wealth inequality, which they see as a critical threat to the U.S. economy and our democracy at large. The story...
Make America Greedy Again
What exactly are the co-Presidents planning to cut in order to pay for trillions in tax giveaways to the ultra-rich?! It is somewhat painful to be reminded of Presidents with a different world view. In 1937 Franklin Delano Roosevelt said: “The test of our progress is not whether we add more to the abundance of those who have much; it is whether we provide enough for those who have too little.” Did Trump say: Make America Greedy Again?
ICYMI: 90 Organizations Urge Congress to “Tax the Greedy Billionaires” Instead of Cutting Critical Programs
FOR IMMEDIATE RELEASE FEBRUARY 25, 2025 Contact: Meghan Schneider media@taxgreed.org ICYMI: 90 Organizations Urge Congress to “Tax the Greedy Billionaires” Instead of Cutting Critical Programs View the full press conference here WASHINGTON, D.C. – This morning as the...
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