Biden Dares Democrats to Shift Tax Burden to Wealthy Americans
Joe Biden took the riskiest step of his presidency with a call for higher taxes on the wealthy to fund a massive investment in the nation’s social safety net, betting he could sell the American public on sweeping change following a pandemic that exacerbated economic and social divides.
Seven Policy Proposals to Meet the Paris Agreement Objectives
The 2015 Paris Agreement introduced the legally binding goal of maintaining the average global temperature below the pre-industrial revolution average plus 2o Celsius in order to avoid severe stress on natural and socioeconomic systems.
Positive First-Quarter Data Point to a Global, Sustained Economic Boom
We’re more than ready to put the pandemic in the rearview mirror. For the first time since this all started a year ago, more than one million people per day have been flying commercial in the U.S. for 30 straight days.
Yellen Backs Aligning U.S. Portfolios With Climate Goals
Treasury Secretary Janet Yellen on Tuesday outlined her department’s plans on fighting climate change with remarks that are likely to ramp up a dispute with Republican lawmakers over the appropriate use of financial regulation on that front.
The Tools of the Rich Propel Poor Kids Through College
Educators have long struggled to help students like Tiaja Harley earn bachelor’s degrees, the surest route to the middle class. Raised by a single mother who earned minimum wage, Harley loved to read and was good at math and science in elementary school. Students like her do get into college, but the vast majority drop out.
Warren Backs More Audits for Rich as Part of Wealth Tax Plan
Senator Elizabeth Warren said IRS funding should be bolstered so the richest Americans get audited about once every three years as part of her proposed 2% annual tax on wealth in excess of $50 million.