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Chuck Collins is a senior scholar at the Institute for Policy Studies where he directs the Program on Inequality and the Common Good (www.inequality.org). Chuck is also a co-founder of Wealth for the Common Good, a network of business leaders, high-income households and partners working together to promote shared prosperity and fair taxation.He is co-author of The Moral Measure of the Economy and with Bill Gates Sr. of Wealth and Our Commonwealth: Why America Should Tax Accumulated Fortunes
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(2 comments) SHARE Thursday, April 23, 2020 Billionaires Wealth Surges as Pandemic Continues
Between March 18th and April 23th, as more 26 million U.S. workers lost their jobs, the combined wealth of America's billionaires increased by $308 billion, a 10.5 percent increase. After a brief decline, the collective wealth of 614 U.S. billionaires has surpassed than their 2019 levels.