Money & Politics


The Net Worth Of Every 2020 Presidential Candidate

Everyone knows Donald Trump is rich. But how about the 25 people jockeying to replace him as president?

More from Money & Politics

Nov 18, 2019

The Wealth Tax In Three Acts

Some Democratic candidates, most notably Senator Elizabeth Warren, have proposed to introduce a wealth tax into the US Internal Revenue Code. The goal is to reduce income inequality and political oligarchy. A three-part seminar hosted by the well-known Penn Wharton Budget Model checks the facts.
Nov 13, 2019

Quid Pro Quo? Actually, IRS Cares Too

The IRS cares about quid pro quos too. You cannot write off a charitable contribution if it wasn’t really a donation. If a developer 'donates' a city park in exchange for the rights to build a skyscraper, was that really a charitable contribution of the park land to the city? Not hardly.