American’s ultra-wealthy had a great year in 2025. The same can’t be said for the rest of the country. The top 1 percent grew their wealth around $5 trillion last year and now control about a third of ...
Six months ago, the Wall Street Journal shared this stunning graphic from University of California-Berkeley economist Gabriel Zucman. In 2024, the Journal noted, the wealth of America’s top 0.00001 ...
Inequality has boomed so much in the 2020s that a 2 percent wealth tax on multimillionaires initially introduced in 2021 would yield more than twice as much revenue today. The analysis, from ...