Reports ·
April 14, 2021
BILLIONAIRE PANDEMIC WEALTH GAINS OF 55%, OR $1.6 TRILLION, COME AMID THREE DECADES OF RAPID WEALTH GROWTH
Report by Americans for Tax Fairness and the Institute for Policy Studies Whether measured over 13 months or 31 years, the growth of U.S. billionaire wealth is both astounding and troubling based on Forbes data as of April 12, 2021. Billionaire wealth growth has perversely accelerated over the 13 months of global pandemic. But the piling […]
Reports ·
March 23, 2021
ONE-YEAR ROUNDUP OF BILLIONAIRE WEALTH GROWTH DURING THE PANDEMIC AND THE TOP PANDEMIC PROFITEERS
For the past year, Americans for Tax Fairness (ATF) and the Institute for Policy Studies (IPS) have tracked the wealth growth of America’s billionaires since March 18, 2020, the rough beginning of the pandemic. This report summarizes the extraordinary growth in wealth of those now 657 billionaires based on real-time data from Forbes on March […]
Reports ·
March 11, 2021
A YEAR INTO CRISIS, BILLIONAIRES COULD PAY FOR 2/3 OF BIDEN’S COVID RELIEF BILL WITH THEIR PANDEMIC PROFITS
As Presidential Address Marks Grim Coronavirus Anniversary, America’s Wealthiest 657 Stand $1.3 Trillion Richer Than They Were Last March One year, 530,000 deaths, 29 million cases, and 78 million lost jobs into the COVID-19 crisis, America’s billionaires have made so much money they could fund two-thirds of President Biden’s American Rescue Plan (ARP) just with […]
Reports ·
March 1, 2021
WARREN WEALTH TAX WOULD HAVE RAISED $114 BILLION IN 2020 FROM NATION’S 650 BILLIONAIRES ALONE
Ten-Year Revenue Total Would Be $1.4 Trillion Even as Billionaire Wealth Continued to Grow America’s billionaires would owe a total of about $114 billion in wealth tax for 2020 if the Ultra-Millionaire Tax Act introduced today by Sen. Elizabeth Warren (D-MA), Rep. Pramila Jayapal (D-WA) and Rep. Brendan Boyle (D-PA) had been in effect last year, […]
Reports ·
February 24, 2021
THROUGH 11 MONTHS OF NATIONAL PANDEMIC MISERY, U.S. BILLIONAIRES HAVE GROWN $1.3 TRILLION RICHER
664 Richest Americans Now Worth a Collective $4.2 Trillion, Up 44% Since COVID Shutdowns Began in March 2020 American billionaires continued their alternative experience of the coronavirus crisis as their total wealth shot past $4.2 trillion in February—up $1.3 trillion, or 44%, since the pandemic recession began 11 months ago. Billionaires reaped their bonanza even as […]
Reports ·
February 10, 2021
STATE REPORTS ON BILLIONAIRES WEALTH GROWTH DURING THE CORONAVIRUS PANDEMIC, FEBRUARY 2021
Iowa state report New York state report Pennsylvania state report Washington state report
Reports ·
February 3, 2021
BILLIONAIRES SPORTS OWNERS LIKE CHIEFS’ HUNTS & BUCS’ GLAZERS ARE CHAMPS OF ECONOMIC SUPER BOWL
In Midst of Pandemic That Devastated Society, Including Sports, Total Wealth of 64 Billionaire Sports Barons Shot Up By $98.5 Billion, or over 30% Taxpayer Subsidies for Stadiums of 26 Billionaire Team Owners Have Totaled $9 Billion Since 1990, with most in last decade We won’t know the winner of this year’s Super Bowl till […]
Reports ·
February 3, 2021
PANDEMIC SUPER BOWL 2021: BILLIONAIRES WIN, WE LOSE
Reports ·
February 2, 2021
Washington Billionaires Got $151 Billion Richer Over First 10 Months of Pandemic, Their Collective Wealth Jumping Nearly One-Half
Gains of 13 Richest Residents Could Cover State’s $3 Billion Budget Shortfall Fifty Times Over & Still Leave Billionaires as Rich as They Were Before Pandemic State Wealth Tax Getting Hearing in Legislature Today Could Raise Billions a Year While Barely Slowing the Growth of Billionaire Wealth The collective wealth of Washington State’s 13 known […]
Reports ·
January 29, 2021
10 MONTHS INTO CRISIS, U.S. BILLIONAIRES’ WEALTH CONTINUES TO CLIMB, UP $1.1 TRILLION—NEARLY 40%
660 Billionaires’ Collective Gain During COVID Crisis Could Pay for All of the Working Family Relief in Biden’s Coronavirus Response Plan Even as freshly empowered Democrats in Washington bring new focus to defeating the pandemic, not much has changed for America’s billionaires in the midst of the crisis—except the further swelling of their bank balances. […]