Why Taxing the Rich Is Good for America

Last week, Warren Buffett wrote an incredible opinion piece in The New York Times asking the government to raise taxes on the wealthiest Americans, himself included. "My friends and I have been coddled long enough by a billionaire-friendly Congress," he argued, and he's not alone in that view.

Conde Nast shutting down Portfolio

In 2007, New York magazine posed the question, will Portfolio magazine prove the naysayers wrong? Now we know the answer to that question is...