The power imbalance between charities and the wealthy donors and foundations that support them leads to a lot of tongue-biting by the supplicants. And that leaves a relatively small group of people ...

Overall, the Big Beautiful Bill will harm poor Americans and raise the incomes of rich Americans—driving gains for the rich through cuts to marginal tax rates and the estate tax, along with tax breaks ...

Save for fans of white Christian autocracy and vindictive stupidity in high office, I doubt 2025 is going to be missed by most Americans. Polling reveals not only considerable revulsion at Donald ...

Government debt is one of humanity’s great inventions. It allows societies to store wealth, fight crises and build for the future. After Britain’s superior access to credit helped it defeat Napoleon ...

This article appears in the December 2025 issue of The American Prospect magazine. Subscribe here. We are living in a new Gilded Age. The first, from roughly 1870 to 1890, was marked by dramatic ...

Americans are feeling bleak about the economy. Yet, despite headwinds, high earners are still spending like mad — and credit card companies are offering more and more perks to attract them. But some ...

Offshore tax havens used by individuals and corporations cost governments trillions of dollars annually. Economists estimate that individuals have stashed between $8.7 trillion and $36 trillion in tax ...

The last few weeks have been particularly heavy for American society in faith and in politics. Violence has stained our soil from the death and injury of children praying at mass in Minneapolis to the ...

Just about everywhere you look in the rich world, government finances are in ruins. France, as its debt mounts, is getting through prime ministers faster than Versailles went through wigs; on October ...

Gov. Kathy Hochul is twisting herself into knots trying to please Zohran Mamdani’s “tax-the-rich” base — while clinging to her vow not to hit New Yorkers’ wallets since endorsing the socialist for ...

Data show a resilient economy. But that largely reflects spending by the rich, while others pull back amid high prices and a weakening labor market. Data show a resilient economy. But that largely ...

A new study found that the court’s Republican appointees voted for the wealthier side in cases 70 percent of the time in 2022, up from 45 percent in 1953. By Adam Liptak Reporting from Washington ...