May 20 is National Be a Millionaire Day. There are more millionaires in America than ever: Federal Reserve data puts the count at roughly 24.5 million households, close to 1 in 10. Most of them got ...
Sen. Bernie Sanders speaks at the campaign kickoff for the California Billionaire Tax Act at The Wiltern in Los Angeles, February 18, 2026. Credit: David Pashaee/Middle East Images/StringersHub/Sipa ...
Paying taxes would feel better if the truly rich were bearing a fair share, our columnist says. By Jeff Sommer Jeff Sommer writes Strategies, a weekly column on markets, finance and the economy. If ...
A look at how the super-rich have gained outsized economic power and how wealth ought to be redistributed. Does it feel like you’re hearing more about billionaires than ever before? You’re not ...
Billionaires have been able to not only acquire wealth but most have gradually built it over time. This means that many have had successful investments, which makes it natural for everyone else to ...
A proposal to tax California’s billionaires is testing the limits of America’s enthusiasm for making the über-rich pay their share. The so-called Billionaire Tax would raise an estimated $100 billion ...