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

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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Protesters hold signs demanding economic justice. Views
Monday, January 21, 2019
An MLK Day Reflection: The Racial Wealth Gap Is Killing the Middle Class
Dr. Martin Luther King Jr. would have been 90 on January 15, so it's time for a progress report. Fifty years after co-founding the Poor People’s Campaign, a multiracial campaign for economic justice, the state of King's dream of racial equity and freedom from poverty is far from attained. On the...
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"Wages for half the population have been stagnant for over four decades, while expenses such as health care, housing, and other basic necessities have risen." (Photo: MonkeyAtLarge / Flickr) Views
Wednesday, January 16, 2019
The Government Shutdown Expands the Ranks of ‘Underwater Nation’
As the government shutdown drags on, the image of federal workers lining up at food pantries has dramatized just how many workers live financially close to the edge. By one estimate , almost 80 percent of U.S. workers live paycheck to paycheck. Miss one check and you’re taking a second look at what...
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Tuesday, January 15, 2019
Dreams Deferred: How Enriching the 1 Percent Widens the Racial Wealth Divide
January 15, 2019, the release date of this report, would have been the 90th birthday of Dr. Martin Luther King, Jr. Dr. King envisioned a future in which deep racial inequalities were eradicated and he worked tirelessly towards that mission. His tragic assassination occurred while he was organizing...
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If you’re not ready to give away the wealth, set up your life so that you can give it away later on. Learn how to earn a livelihood that isn’t dependent on being wealthy. (Photo: YES! illustration by Pablo Iglesias) Views
Tuesday, November 20, 2018
One Way to Skip Wall Street and Invest in Your Community
I recently met a person who, with considerable angst, asked what to do about a substantial inheritance. My heartfelt response: Give it away. I did it myself more than 35 years ago, and it was the best decision I ever made. In 1986, faced with my own intergenerational wealth moment, I passed the...
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Tuesday, October 30, 2018
Time for a Tax on Billionaire Wealth Dynasties
“We are developing into a plutocracy.” These words are not from Bernie Sanders, but Paul Volker, the former chair of the Federal Reserve under both Presidents Jimmy Carter and Ronald Reagan. One indicator that we are drifting toward plutocracy is whether great fortunes grow or disperse over decades...
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City officials are failing to understand how such towers play a key role in the global hidden wealth infrastructure, a shadowy system that’s hiding wealth and masking ownership, all for the purpose of helping the holders of private fortunes avoid taxes and oversight of illicit activities. (Photo: Screenshot) Views
Wednesday, October 10, 2018
Towering Excess: The Perils of the Luxury Real Estate Boom for Bostonians
Boston is experiencing a luxury real estate boom, with thousands of new luxury residential and rental units in different stages of development. A decade from now, Boston’s skyline and population demographics will be fundamentally altered by decisions being made today. This boom does have benefits,...
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