The federal and DC governments tax income from wealth more favorably than income from work. This preferential treatment means we under tax the most well-off, tax their wealth less often, and, in some cases, allow them to accumulate fortunes and pass vast sums of wealth to heirs tax-free.
Quoted Staff Member
Related Reading

October 6, 2025
Trump Tax Law Erases Economic, Racial Progress in the Tax Code
Related Tags
2025 tax debateRacial Equity