The Federal Reserve Board of Governors in Washington DC.

New York City Mayor Zohran Mamdani is delaying the city’s $127 billion budget as he pressures the state to limit a tax credit used by hedge funds, private equity firms and other businesses.

New Oxfam America brief shows how raising taxes on New York's ultra-rich could ease the harmful effects of President Trump’s One Big Beautiful Bill Act.

The richest people on the planet are far more likely to be in power politically than everyone else, Oxfam’s annual inequality report found.

In response to the State Department’s announcement that the United States will not extend an invitation to the South African g

The rights of some 900 U.S. billionaires do not take precedence over 340 million non-billionaires.

The rights of some 900 U.S. billionaires do not take precedence over 340 million non-billionaires.

“The rise of a new American oligarchy” is underway, according to an Oxfam study.

Sri Lanka’s tax policies played a driving role in the country’s devastating 2022 economic crisis and have contributed to the chronic underfunding of education and other public services.

In response to the U.S. Census Bureau’s release of new data on poverty and incomes in 2024, Rebecca Riddell, Oxfam America’s E

A new tax treaty is a chance for needed change.

In response to reports that President Trump will sign his regressive and harmful tax bill into law today, Oxfam America President and CEO Abby Maxman said:

YouTube video by oxfaminternational

Real-terms gains of $33.9tn for world’s richest 1% ‘enough to end annual global poverty 22 times over’, charity says The wealth of the world’s 3,000 billionaires has surged by $6.5tn (£4.8tn) in real terms over the past decade, according to Oxfam, equivalent to 14.6% of global output. In total the richest 1% of the global population has gained at least $33.9tn in real terms, which the charity said was “enough to end annual global poverty 22 times over”. Continue reading...

Just some of what we’d face: Higher bills, Unbreathable Air, Unsafe homes, Loss of good job opportunities.

The House Ways and Means Committee’s draft tax bill extends trillions of dollars in wasteful and unpopular tax breaks, paving the way for massive cuts to vital health and other public services.

We love taxing billionaires. This ain't it. Rhetoric shouldn’t distract from an inequality-fueling tax deal

The "Millionaire's tax" hasn't caused the wealthy to flee.