"That boat cost more than I expect my lifetime earnings to be." Billionaire sparks backlash after docking massive yacht in ...

Eight of the world's richest men own approximately the same amount of wealth as the poorest half of the population, a new report from Oxfam claims. Four of these eight billionaires are from the ...

If the IRS cuts 50,000 employees, the agency’s diminished capacity would result in a loss of $395 billion over 10 years.

The richest 1% are already responsible for nearly 30% of all unpaid taxes—amounting to $205 billion annually. That’s $562 million in unpaid taxes per day, or $6,500 every second. Ahead of Tax Day, ...

Today’s world is one where the outrageous fortunes of billionaires are growing daily. Oxfam reports that between 2020 and 2023, the richest 1% of the world’s population sequestered almost two ...