WebApr 13, 2024 · An annual net wealth tax could raise over half a trillion dollars ($582.6 billion) each year, by taxing more than only billionaires and using marginally higher rates: 2% for … WebApr 12, 2024 · To be clear: Extreme wealth concentration is at a record high in the United States, and has surpassed the peak of the Gilded Age of the late 19th century. Wealth is also highly stratified by race and gender, with billionaires and ultra-millionaires almost exclusively white and disproportionately male. Publication date April 12, 2024
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