For the first time ever, taxes on the 400 richest Americans were lower than taxes on everyone else

In 2018, for the first time in recorded US history, the 400 richest American households paid a lower rate of tax than any other group of American taxpayers: 23%, down from 70% in 1950 and 47% in 1980. Read the rest

Gabriel Zucman: the Piketty-trained "wealth detective" who catalogued the secret fortunes of the super-rich and figured out how to tax them

Bloomberg's Ben Steverman offers a long and exciting profile of Gabriel Zucman (previously), a protege of Thomas Piketty (Zucman was one of the researchers on Piketty's blockbuster Capital in the 21st Century) who has gone on to a career at UC Berkeley, where he's done incredibly innovative blockbuster work of his own, particularly on estimating the true scale of the wealth gap in the USA and worldwide. Read the rest