An unprecedented leak of the personal federal tax data of thousands of Americans has turbocharged a debate over wealth inequality in the United States and has tax reform advocates hopeful that a deeper public understanding of how the wealthy avoid taxes will lead to a restructuring of the U.S. tax code. The data, leaked to […]
America’s Founding Fathers were among the wealthiest people in the Colonies when they drafted and signed the Constitution, and that’s pretty much who they expected to continue to guide the young nation. “It was never meant to be a sort of direct democracy, where all Americans would get to cast a ballot on all issues,” says Andrew […]
[content id=”79272″] “We’re going to be aggressively buying back, and consistently,” said Morgan Stanley chief executive James Gorman. For millions of regular Americans, the end of 2020 was marked by economic distress, with millions suffering pandemic-triggered job losses—and thus the loss of their employer-tied health insurance—still waiting on robust economic relief from federal lawmakers, and facing a weak social safety net. For the nation’s […]