Category: Income Inequality

What if Charity Shouldn’t Be Optimized?

The recent trend in philanthropy has been to look for the most bang for your buck. Maybe you don’t have to.
What Walter Mosley’s Fictional Hero Teaches Us About Race and Real Estate

Walter Mosley talks about how his fictional hero frees himself from wage labor through America’s favorite side hustle: landlording.
Vivian Tu, the ‘Wall Street Girly,’ Wants to Make Wealth More Accessible

Vivian Tu is one of a new wave of female influencers who are using TikTok and Instagram to spread the message of personal finance to millennials and Generation Z.
Working-Class Voters Are Pivotal. Both Candidates Are Vying for Their Support.

Kamala Harris’s plans offer a bigger boost for the working class, but Donald Trump seems to be convincing voters.
Global Economic Leaders Confront a New Era of Industrial Policy

Policymakers brace for more protectionism and the demise of “neoliberalism” if Donald J. Trump is re-elected in the U.S.
Trump Flirts With the Ultimate Tax Cut: No Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.
How Is the Economy for Black Voters? A Complex Question Takes Center Stage.

Donald J. Trump has been talking up his economic record for Black voters. The legacy of the last eight years is complicated.
Trump and Harris Both Like a Child Tax Credit but With Different Aims

Kamala Harris’s campaign is pushing a version of the credit intended to fight child poverty, while Donald J. Trump sees the program primarily as a tax cut for people higher up the income scale.
Your Friend Has More Money Than You Do. How Can Your Relationship Survive?

Financial disparities in friendships can create conflict where it shouldn’t exist. Here’s how two friends navigated a growing wealth gap.
France Prepares to Raise Taxes on Businesses and the Rich

France’s new prime minister, Michel Barnier, has opened the door to reversing some of President Emmanuel Macron’s tax cuts in an effort to fix the country’s widening budget deficit.
The Report Card on Guaranteed Income Is Still Incomplete

A three-year analysis of unconditional cash stipends concluded that the initiative has had some success, but not the transformational impact its proponents hoped for.
Donors Quietly Push Harris to Drop Tax on Ultrawealthy

Vice President Kamala Harris’s fund-raising has benefited from a surge of interest from Silicon Valley and Wall Street.