Inequality.org

Inequality.org has been dedicated to monitoring news and perspectives on inequality for almost twenty years. Since 2011, this initiative has been a part of the Institute for Policy Studies, with the goal of offering valuable information and insights to a diverse audience, including educators, journalists, activists, and policymakers. Our team of contributors at Inequality.org includes voices from both the United States and across the globe. Our primary concern is to explore solutions for reducing the significant economic inequality that impacts many areas of our lives.

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Millionaires Don’t Flee States Over Higher Taxes

1 month ago | inequality.org | Omar Ocampo

These new resources have been invested in educational programs that support early learning, childcare, and free school lunches and community college. In the case of Massachusetts, some of the revenue collected is earmarked towards public transportation. That experience contrasts with the failure of the Great Kansas Tax Cut Experiment that began in 2012. The Sunflower State lagged behind its neighbors in a number of economic categories and experienced revenue shortfalls.
Don’t Let Elon Musk Privatize the Postal Service

1 month ago | inequality.org | Sarah Anderson

These extra fees are just a taste of what’s to come if the Trump Administration turns our public Postal Service over to corporations focused on maximizing profits. This past December, Trump said he was “looking at” a possible sell-off. And in early March, his chainsaw-wielding sidekick, Elon Musk, expressed his support. “I think we should privatize the Post Office,” Musk told an audience of Wall Street bankers.
100 Days of the Trump Administration Onslaught Against Workers

1 month ago | inequality.org | Sarah Anderson

Trump also rescinded a Biden executive order that increased the minimum wage for workers on federal contracts. That rule set a floor of $15 an hour in 2022 and indexed it to inflation. This year it would’ve been $17.75 an hour. The Trump administration’s chaotic tariffs threaten to increase consumer prices, making it even more difficult for low-wage workers to get by.
The Tax Debate: What’s in It for Jeff Bezos and Amazon CEO Andrew Jassy

1 month ago | inequality.org | Sarah Anderson

The 2017 reform slashed the corporate tax rate from 35 percent to 21 percent. Amazon exploited various tax breaks to pay just a 5.1 percent average effective rate in the first four years under the law. This freed up resources for $6 billion in stock buybacks, a financial maneuver that artificially inflates the value of executive stock-based pay.
With Congress Preparing a 'Fiscal Tsunami,' States Can Choose Differently

1 month ago | inequality.org | Amber Wallin

In its first two years, the tax generated $1.3 billion, funding critical services such as child care and education. And the number of millionaire households actually went up, despite some threats about wealthy people leaving the state (fact check: False!). Aside from Washington, Oregon and my home state of New Mexico have also raised taxes on the wealthiest residents in order to invest in programs that support families and communities in the state.
How Can The Left Tackle the Climate Crisis?

1 month ago | inequality.org | Chris Mills Rodrigo

Writing an effective political roadmap before a seismic election that is then released into a world transformed by that result is a tall order. Luckily for Malcolm Harris, the challenges — and the proposals floated to address them — in “What’s Left: Three Paths Through the Planetary Crisis” are bigger than any one administration.
Who Would Pay the Biggest Price for Postal Privatization?

1 month ago | inequality.org | Sarah Anderson

President Trump and Elon Musk have expressed an interest in selling off the U.S. Postal Service to for-profit corporations. Even piecemeal privatization of this public agency would have wide-ranging effects on postal customers, employees, businesses, and our broader economy. One nearly certain result: a dramatic increase in package delivery prices.
A Welcome New Twist on America’s Tax Future

1 month ago | inequality.org | Sam Pizzigati

Republican leaders in Congress have been working feverishly over recent days to renew the rich people-friendly 2017 Trump tax cuts set to expire at this year’s end. Both the House and Senate have now passed bills that do that renewing — and also add in some assorted new goodies.
The Independent Report on DAFs

2 months ago | inequality.org | Chuck Collins |Helen Flannery |Dan Petegorsky |Bella DeVaan

Our Charity Reform Initiative’s first annual Independent Report on DAFs demystifies donor-advised funds and their impacts on charitable giving, fair taxation, and our democracy itself. The DAF LandscapeDAFs are financial accounts managed by nonprofit organizations, which are called “sponsors.” Donors can give money to a personal DAF account and take an immediate tax deduction for that gift, since they’re technically giving to a public charity.
Are the Trumpistas Seeking To Shrink the IRS — or Actually Sink It? - Inequality.org

2 months ago | inequality.org | Sam Pizzigati

Two IRS offices appear to be bearing the heaviest Trumpista hits. The IRS Office of Civil Rights and Compliance — a unit once called the Office of Equity, Diversity and Inclusion — has lost 80 percent of its 200 staffers. Another IRS office on the DOGE hit list, the agency’s Global High Wealth unit, had 353 staffers working to make sure our super rich were paying their fair tax share under Biden. By late March, after just over two months of Trump II, that staffing had sunk to just 220.