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News Articles: wealth

Economists say creating a 2% tax minimum for the extremely wealthy would unlock an extra $250 billion per year.

A proposal to tax the uber-rich is gaining traction. But there are skeptics

The Brazilian government has proposed a 2% global wealth tax on the uber-rich. It would impact the 3,000 wealthiest people in the world.

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  • Patrick Wood,
  • Kathryn Fink,
  • and 1 more
Georgia gubernatorial Democratic candidate Stacey Abrams talks to the media after qualifying for the 2022 election on Tuesday, March 8, 2022, in Atlanta. Abrams has become a millionaire. A disclosure filed in March shows the candidate for governor is worth $3.17 million, thanks mostly to book and speaking income. Abrams was worth $109,000 in 2018 when she first ran for governor.

Stacey Abrams reaches millionaire status before 2nd campaign

Georgia Democrat Stacey Abrams has become a millionaire. A disclosure filed in March shows the candidate for governor is worth $3.17 million, thanks mostly to book and speaking income.

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Amazon founder Jeff Bezos is the world's wealthiest person, according to the latest Bloomberg Billionaires Index, with a net worth of $182 billion. Four others also have fortunes over $100 billion. Here, Bezos speaks at a conference in 2018.

There's Rich, And Then There's Jeff Bezos Rich: Meet The World's Centibillionaires

The Amazon CEO and four other billionaires are part of the world's most exclusive club in the midst of the pandemic: those whose fortunes exceed $100 billion.

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  • Jim Zarroli
Places like Sweet Auburn, a historic African-American neighborhood in Atlanta, have changed over the years in part from housing affordability and income inequality.

Atlanta Ranks Worst In Income Inequality

Bloomberg recently analyzed cities with more than 250,000 people across the country and determined Atlanta is the worst city for income inequality in...

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Teola Scndezera and her husband Emmanuel Scndezera spend time on most days watching the construction of the mixed income housing that will neighbor the subsidized Tindall Senior Towers where they live.

Trump's Tax Reform Could Stall Low Income Housing

Chalk it up to the law of unintended consequences. The Federal tax reform that passed this year was intended to provide tax relief. The perhaps...

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Georgia Congressman Wants End To Subsidized Cell Phones

Georgia Congressman Austin Scott (R GA-08) wants to end a program that offers subsidized, low cost cell phones. Scott introduced the End Taxpayer Funded...

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During the ceremony kicking off the demolition of Tindall Heights in Macon, Georgia.

Some Of Georgia's Oldest Public Housing, Coming Down

Demolition formally began Monday in one of Macon’s oldest and largest public housing projects, Tindall Heights. During a ceremony that could have...

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