Wealth and Asset Management
To Tax the Ultra-Rich, We Need to Go After Their Wealth—Not Just Income
Last year’s Republican tax bill, the self-styled Big Beautiful Bill, continued a decades‑long trend in which the top 1% have seen their tax burdens decline steadily from the high levels of the mid-20th century. Since tax-cutting became the raison d’être of the Republican Party in the 1980s, the tax…
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