#income inequality
4 stories
California votes on first-ever wealth tax for billionaires
Proposition 40 would impose a one-time 5% tax on people worth over a billion dollars, but Democrats in the state are divided on whether it works.
NPR · 2m
Trump's tax bill: who really won
Republicans tout sweeping tax cuts ahead of midterms, but benefits landed unevenly across income levels.
CNBC · 2m
Why the middle class feels broke despite getting richer
Goldman Sachs reveals that capital ownership, not wages, is driving economic gains, and most Americans don't own enough to benefit.
Fortune · 2m
7 new tax brackets proposed for high earners
A policy proposal would double federal tax brackets to 14, adding seven new rates for the wealthiest Americans.
Kiplinger · 2m