Broadly defined, a wealth tax is a tax on the difference between a person's assets and liabilities. Many, or all, of the products featured on this page are from our advertising partners who compensate ...
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 ...
A California wealth-tax proposal makes a high-stakes bet on billionaire psychology.
Critics of California's proposed billionaire tax say similar measures in Europe failed. Backers of the measure say they took ...
Opponents of California’s proposed 2026 Billionaire Wealth Tax Act repeat a familiar warning: tax the wealthy and they will leave. The claim has rhetorical force; it makes sense on the surface — don’t ...
I was once on a tour in Provence that included the house where Nostradamus used to live, which features several windows that have been bricked over. “That’s because the government used to tax you ...
Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen. Credit...Doug Chayka Supported by By Patricia Cohen ...
Wealth taxes are a hot topic in policy debates from Europe to the U.S., and Norway offers one of the most instructive examples. The Nordic nation has been taxing personal fortunes since 1892, and ...
It thrills me to read that Peter Thiel and Larry Page may flee California if the state implements a one-time 5 percent wealth tax on billionaires. On fairness grounds, Thiel and Page have no case. If ...
A proposed wealth tax has pitted Democrat against Democrat in California. The initiative, which a health care worker union ...