Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

Follow us:

Thomas Piketty

Thomas Piketty

Thomas Piketty is a French economist and the author of the best-selling book, Capital in the 21st Century.

Articles by this author

 
Carefully calculated by economists Emmanuel Saez and Gabriel Zucman, the proposal by Sen. Elizabeth Warren (D-Mass.), now running for president, sets a rate of 2 percent on fortunes valued between $50 million and $1 billion, and 3 percent above $1 billion.

A US Tax on Wealth Is Long Overdue

Between 1930 and 1980, the rate applied on the highest incomes was on average 81 percent, and the rate applied to the highest inherited estates was 74 percent. Clearly this did not destroy American capitalism.

Thomas Piketty ·

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

Support our work.

We are independent, non-profit, advertising-free and 100% reader supported.

To donate by check, phone, or other method, see our More Ways to Give page.

Subscribe to our newsletter.

Quality journalism. Progressive values.
Direct to your inbox.

Subscribe to our Newsletter.

Common Dreams, Inc. Founded 1997. Registered 501(c3) Non-Profit | Privacy Policy
Common Dreams Logo

To donate by check, phone, or other method, see our More Ways to Give page.