News - Responsible Wealth

In the US, the gap is widening fast between fewer and fewer rich people and everyone else. Do Americans care? RW member Eric Schoenberg joined Warren Olney, host of KCRW Los Angeles' "To the Point," for a conversation about why wealthy and upper-income members of RW support raising taxes on themselves.

Our current tax system rewards wealth over work by taxing capital gains and dividend income at a much lower rate than salaries and wages. UFE is calling for the restoration of the tax rates on capital gains and dividends to the same rate applied to income earned from work. Various proposals have been put forth to move in that direction.

Some of the most affluent Americans actually pay lower effective tax rates than many middle class Americans.

Some of the most affluent Americans actually pay lower effective tax rates than many middle class Americans.

What too many of us don’t know is who has the most to lose from attacks on organized labor. Unfortunately, the answer shouldn’t come as a surprise.

Amid all the rightful outrage over Gov. Scott Walker's proposal to do away with collective bargaining rights for public sector unions in Wisconsin, one important point has been neglected: The demise of public sector unions would be most detrimental to women and African-Americans.

Baby boomers, the oldest just now reaching retirement age, can expect to receive inheritances equaling more than $8 trillion over their lifetime.

If you support a progressive tax system, does that make you a "socialist?" UFE's Steve Schnapp artfully explains how he responds to progressive activist concerns of being labeled with the 's' word.