Even as they became fabulously wealthy, the rich have seen their taxes collapse to levels last seen in the 1920s. Meanwhile working-class Americans have been asked to pay more. The Triumph of Injustice is a forensic investigation into this dramatic transformation. Emmanuel Saez and Gabriel Zucman, e...

This report presents a proposal for an internationally coordinated standard ensuring an effective taxation of ultra-high-net-worth individuals. In the baseline proposal, individuals with more than $1 billion in wealth would be required to pay a minimum amount of tax annually, equal to 2% of their we...

G20 countries will discuss proposals to make the world’s wealthiest individuals pay more towards funding public goods. The debate is overdue.

Rise of 10.6% Is the Highest Annual Rate in More Than a Decade, Creating $26 Trillion in New Private Wealth, but Digital Leaders Threaten Traditional Players’ Dominance, According to a New BCG Report.

Link: Boston Consulting Group.

Bruckner et al. show that carbon footprints can reach several hundred tons of CO2 per year, while the majority of people living below poverty lines have yearly carbon footprints of less than 1 tCO2. Lifting more than one billion people out of poverty, leads to only small relative increases in global...

Millionaires under the Microscope: Data Gap on Top Wealth Holders Closed: Wealth Concentration Higher than Presumed.

Millionaires have so far been underrepresented in population surveys, so little is known about them and the precise concentration of wealth in Germany.

Link: DIW Weekly Report.