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Trickle-Down in the Other Down Under

GOP White House hopefuls want taxes on the rich cut even lower than they've already been cut. What might a tax-the-rich-even-less future bring? The land of the kiwi offers one frightful answer. Where in the developed world do rich people pay the least in taxes? To...

Americas Plutocrats Play the Political Ponies

Any resemblance between democracy and U.S. Presidential politics has become, in our new super PAC era, purely coincidental. The only mystery: Why aren't billionaires placing even bigger bets? Life sometimes imitates art. Life also sometimes imitates political cliché....

Can Bossy Billionaires Now Boss Forever

Changes in state tax laws now encourage America’s awesomely affluent to create “perpetual” trusts for their heirs. The combination of these new laws and new technology, legal scholars are warning, now allows the “dead hand” of the past to rule over the living. In...

Law and Order 247 Except at Tax Time

The rich don't much like paying taxes when tax rates run high. They don't much like paying taxes when tax rates run low either. Any tax system that subjects rich people to high taxes is asking for trouble. Or so the politicians who cater to people of means incessantly...

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