Chuck Collins

Chuck Collins

Chuck Collins is a senior scholar at the Institute for Policy Studies where he co-edits Inequality.org, and is author of the new book, Born on Third Base: A One Percenter Makes the Case for Tackling Inequality, Bringing Wealth Home, and Committing to the Common Good.  He is cofounder of Wealth for the Common Good, recently merged with the Patriotic Millionaires. He is co-author of 99 to 1: The Moral Measure of the Economy and, with Bill Gates Sr., of Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes.

Articles by this author

Extremely wealthy individuals may spend hundreds of millions on political contributions with the aim of influencing policies that will benefit them. (Photo: Bill Pugliano/Getty Images) Views
Tuesday, February 25, 2020
The U.S. Would Be Better Off With Fewer Billionaires
When folks say that billionaires shouldn't exist, it's nothing personal. Some billionaires are nice enough. Some spend generously on philanthropy. That all sounds great. But we don't need more do-gooder billionaires that give to charity—we need fewer billionaires. The problem is having an entire...
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The story contained in the Luanda Leaks is one that exposes the systematic roots of a global crisis and the role of the "wealth defense industry"—the tax lawyers, accountants, consultants, and wealth managers that facilitate and enable this looting process worldwide.  (Image: ICIJ/Marwen Ben Mustapha – Inkyfada) Views
Tuesday, January 28, 2020
Luanda Leaks and the Global Wealth Defense Industry
Growing global scrutiny is focused on Isabel de Santos, the wealthiest woman in Africa, who is accused of using her position to extract hundreds of millions—if not billions—of dollars in wealth for personal gain. Dos Santos, daughter of Angola's autocratic leader from 1979 until 2017, allegedly...
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The biggest winners of the last decade, in terms of income and wealth growth, have not been even the richest 1 percent, but the richest one-tenth of 1 percent. (Phone: Shutterstock) Views
Wednesday, September 04, 2019
Tax the Rich Before the Rest
Presidential candidates should take a pledge: The middle class should not pay one dollar more in new taxes until the super-rich pay their fair share. Already candidates are outlining ambitious programs to improve health care, combat climate change, and address the opioid crisis — and trying to...
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Monday, July 01, 2019
Bernie Sanders Is Right: 3 Billionaires Really Do Have More Wealth Than Half of America
The wealthiest 3 billionaires in the U.S. – Jeff Bezos, Bill Gates and Warren Buffett — now have as much wealth as the bottom half of the U.S. population combined. Those were the first words spoken at last week’s 2020 Democratic Debate, citing a wealth inequality study by the Institute for Policy...
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Skip any job that legitimates extreme wealth, like mega-philanthropies that put billionaires’ names on fancy buildings. (Photo: Market Watch via Getty Images) Views
Tuesday, June 04, 2019
Business School Graduates—Don’t Work for Billionaires
Congratulations, graduates, on your hard work over the last several years. By now, though, you’re surely feeling pressure about your next steps. You may have debt, parents that made big sacrifices, or well-off families that expect you to live like them. You may feel pressure to take a job that...
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Progressive Democrats have proposed raising the top marginal tax rate to 70 percent on households with incomes over $10 million. (Photo: Shutterstock) Views
Wednesday, April 03, 2019
A Cure for Excessive Wealth Disorder
The U.S. is suffering from excessive wealth disorder. This isn’t your parents’ inequality influenza, but a more virulent strain of extreme disparities of income, wealth, and opportunity. Just 400 billionaires have as much wealth as nearly two-thirds of American households combined. And just three...
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A Stalinesque Dwight Eisenhower statue looms over Abilene, Kansas. (Photo: Shutterstock) Views
Wednesday, March 13, 2019
Bring Back Eisenhower Socialism
Beware of the specter of socialism! Anytime a politician proposes a wildly popular idea that helps ordinary people, a few grumpy conservatives will call them “socialists.” Propose to reduce college debt, help sick families, or ensure the super-rich pay their fair share of taxes — suddenly you’re a...
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Demonstrators in Washington, D.C. rally in support of a financial transaction tax on April 20, 2013. Views
Sunday, February 24, 2019
What States Can Do to Reduce Poverty and Inequality Through Tax Policy
States have an opportunity to act to close the loopholes that hide and protect the wealth of the top 1%, remedy the impact of the new federal tax law that lowers taxes on the wealthy, and make critical investments in infrastructure, energy systems, and programs that create broader opportunity and...
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Saturday, February 02, 2019
A Wealth Tax Could Raise Trillions — and Save Our Democracy
Sen. Elizabeth Warren (D-Mass.) has jolted the body politic with a bold proposal to tax the concentrated wealth of the richest 75,000 households in the United States. It’s about time someone took up this mantle. Warren’s proposal would levy an annual 2 percent tax on wealth over $50 million, with...
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Thursday, January 31, 2019
Bernie's Plutocracy Prevention Act
The Republicans can’t control their baser greed impulse, as revealed in their latest move to abolish the federal estate tax, our nation’s only levy on the inherited wealth of the super-rich. But what we really need is a bold intervention to break up growing dynasties of wealth and power. Congress...
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