Bill Ackman, Palmer Luckey, Garry Tan, and more are sharing their opinions on a California billionaire tax proposal.
Wealth managers with billionaire clients better get ready. Vice President Kamala Harris’s recently unveiled comprehensive tax proposal could be keeping them busy should she win in November. As ...
Discover how solidarity taxes fund social projects, their implementation in Germany and France, and why they are often temporary but influential in public finance.
In this episode of Tax Notes Talk, professors David Gamage and Darien Shanske discuss their recent paper, “Money Moves: Taxing the Wealthy at the State Level,” which lays out their argument for a ...
Follow-up: Nick Hanauer, critic of income inequality, calls proposed Washington wealth tax ‘impractical’ Do taxes that target wealthy residents drive away entrepreneurs and businesses? That’s the ...
Tackling income and wealth inequality is at the top of the policy agenda in many countries. This note discusses three approaches of wealth taxation, based on (1) returns with a capital income tax, (2) ...
Forbes contributors publish independent expert analyses and insights. I help entrepreneurs and professional turn income into lasting wealth. Wealth is not something you can build once and forget about ...
California Assemblymember Alex Lee and Senator Nancy Skinner introduced AB 259 in February 2024, proposing a 5% annual tax on net wealth exceeding $50 million for individuals and $100 million for ...
The clamour within Labour to introduce a wealth tax in a bid to balance the books is continuing to grow ahead of a make-or-break autumn budget. Keir Starmer and other senior cabinet ministers have ...
During the Supreme Court’s flurry of end-of-term activity, another seismically consequential decision largely escaped notice. Its ruling in Moore et ux. v. United States, which upheld a tax on ...