February 25, 2020
Tax and Budget Bulletin No. 86

Wealth and Taxes

Wealth inequality has become a heated political issue. Politicians claim that wealth concentration is rising and that people at the top are gaining at other people’s expense. This study examines problems with the measurement of wealth and discusses whether wealth inequality is an issue that public policy needs to address.


Trump Spending Soars in First 4 Years

Trump has been a big spender across the board. His new budget promises cuts, but it remains to be seen whether he really means it or whether his budget is just an accounting exercise.