With a Billionaires Tax Circling the Drain, Philanthropy Reform Is All the More Critical

With a Billionaires Tax Circling the Drain, Philanthropy Reform Is All the More Critical

The most progressive tax ever proposed looks like it won’t go through, and the senator who doomed it cited billionaires’ philanthropy as one reason why. And yet, philanthropy also resists higher payouts. Something has to give.

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The U.S. Is a Tax Haven, and 4 Other Things the Pandora Papers Tell Us About Elite Wealth

The U.S. Is a Tax Haven, and 4 Other Things the Pandora Papers Tell Us About Elite Wealth

The Pandora Papers implicate hundreds of global figures in an arcane world of offshore wealth reaching into the trillions. Few U.S. citizens appear—this time—but the leak still provides insight into how elite wealth operates.

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The Super-Rich Skate Around Paying Income Tax. Is Philanthropy Complicit?

The Super-Rich Skate Around Paying Income Tax. Is Philanthropy Complicit?

ProPublica recently divulged just how little some of America’s wealthiest pay in income tax. Many of the culprits are celebrated philanthropists, raising uncomfortable truths about charitable giving among the ultra-wealthy.

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