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

In our new report, White Supremacy is the Pre-existing Condition, we found that the concentration of wealth has surged during the pandemic, further exacerbating an already extreme racial wealth divide. (Photo: Baynard Woods/Twitter) Views
Friday, June 19, 2020
White Supremacy Is the Pre-existing Condition
On June 19th, people across the United States will mark the anniversary of the emancipation of the last enslaved people in the United States by taking to the streets to demand Black Lives Matter. Behind the protests over police violence are the painful racial disparities in the COVID-19 pandemic...
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In a new IPS Inequality Briefing Paper, Chuck Collins and Helen Flannery make the case for an Emergency Charity Stimulus.  (Photo: Shutterstock) Views
Monday, May 04, 2020
Time for an Emergency Charity Stimulus
We are living through a time of unprecedented challenges: a major public health crisis and a deepening recession. Congress has already authorized trillions in stimulus funds. But millions of Americans are still relying on the support of local nonprofits such as food banks and human services. These...
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In early April this year, as 22 million Americans lost their jobs and the U.S. employment rate approached 15 percent, the combined wealth of America’s billionaires had increased from March 18 by $282 billion — nearly a 10 percent increase. That’s among the findings in a new report published today by the Institute for Policy Studies, "Billionaire Bonanza 2020: Wealth Windfalls, Tumbling Taxes, and Pandemic Profiteers." (Image: Insitute for Policy Studies) Views
Thursday, April 23, 2020
U.S. Billionaire Wealth Surges as Covid-19 Pandemic Worsens
As the pandemic-fueled U.S. unemployment rate approaches 15 percent, America’s billionaire class is experiencing a wealth surge, according to a new Institute for Policy Studies report that I co-authored with Omar Ocampo and Sophia Paslaski, Billionaire Bonanza 2020. Between March 18th and April...
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A scene from "Sorry We Missed You," a film by Ken Loach based on the play by Paul Laverty. (Photo: Zeitgeist Films) Views
Tuesday, April 14, 2020
A Film Recommendation in Stay-at-Home Times: 'Sorry We Missed You'
Director Ken Loach has done it again. “Sorry We Missed You” is a family drama infused with a searing look at life in the “gig economy” with a frayed social safety net. Like his previous film, “I, Daniel Blake,” this film is about working class people maintaining their dignity and humanity in the...
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Central to the program should be a tax that limits the further accumulation—that is, hoarding—of wealth by the billionaire class. (Photo: Mario Tama/Getty Images) Views
Monday, April 13, 2020
Taxes Paid By Billionaires Decreased 79 Percent Since 1980, as Percentage of Their Wealth
Conventional economic wisdom says a time of crisis is not the moment to enact tax increases. But, as Eric Toder at the Tax Policy Center recently pointed out: “[Tax experts] can begin to think of the time after the pandemic passes and how government should respond to massive increases in the public...
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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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