June 18, 2011 |
Money won't buy happiness, but it will pay the salaries of a large research staff to study the problem. Bill Vaughan Please excuse the very wealthy for feeling a bit under siege lately. Taxes for the top 2 percent are very likely to go higher. Uncle Sam's share of capital gains and dividend income might rise, and means-testing for Social Security and Medicare is probable. In the United States, the very rich hold most of that wealth in dollars, which are worth increasingly less.
September 25, 2012 |
Which is the more redistributionist of our two parties? In recent decades, as Republicans have devoted themselves with laser-like intensity to redistributing America's wealth and income upward, the evidence suggests the answer is the GOP. The most obvious way that Republicans have robbed from the middle to give to the rich has been the changes they wrought in the tax code — reducing income taxes for the wealthy in the Reagan and George W. Bush...
July 8, 2012
I question John J. Gallagher's assertion that the cost of all the embellishments accompanying the sport of dressage [" It's the costs that matter ," Free for All, June 30] puts the Romneys "out of touch with everyday Americans" who might be struggling to make ends meet. It is as if to say that people of substantial means, by virtue of their fortunes, cannot have compassion for those less fortunate. Nonsense. Wealth does not preclude empathy. If that were the case, one would also have to have doubts about such famously rich...
September 9, 2011 |
Republican presidential candidate Jon Huntsman listed between $15 million and $66 million in personal assets in a government filing released Friday. The former Utah governor has extensive holdings worth between $5 million and $25 million in Huntsman Corp., the family chemical company started by his billionaire father, Jon Sr. Huntsman has already given up to to $2 million to seed his campaign and may have to rely further on his personal wealth if his candidacy doesn't attract more momentum.
November 20, 2009 |
One night in Adams Morgan, the sons and daughters of lawyers and corporate executives padded into a friend's rowhouse for a kind of group therapy session about their families' wealth. They are young people who have inherited or stand to inherit big money, and they are spending their post-college years living modestly and working to address the needs of the poor, hungry and politically disadvantaged. But the privilege they grew up with and the money coming their way nag at them in ways few people not in their position can...
September 29, 2012
Regarding Harold Meyerson's Sept. 26 op-ed column, "Redistributing wealth upward" : Mr. Meyerson made a fascinating argument. He claimed that the only time in U.S. history that workers substantially benefited from productivity increases was during the three decades after World War II, a period characterized by union power and high marginal tax rates. Since then, he noted, wage rates have not matched productivity increases. At the same time,...