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 ...
With Chancellor Rachel Reeves under more pressure to balance the nation's books, a wealth tax has been floated as a viable option. Former Labour leader Lord Kinnock told Sky News that a wealth tax ...
Miriam Marra does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their ...
Reducing Inequality The wealthiest individuals control a disproportionate share of global assets. In the U.S., the top 1 percent own more than 30 percent of the nation’s wealth, while the bottom 50 ...
Taxes that make you pay a levy based on your assets – typically your net wealth – rather than your income from work. Such taxes used to be far more common globally than they are now. Sweden charged an ...
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 ...
Rachel Reeves could impose a 'one-off' tax on wealth to appease militant Labour MPs, according to a report today. In a major analysis ahead of next month's Budget, the Institute for Fiscal Studies ...
The idea of a wealth tax has raised its head - yet again - as the government attempts to balance its books. Downing Street refused to rule out a wealth tax after former Labour leader Lord Kinnock told ...
Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. Californians have recently proposed the so-called “2026 Billionaire Tax Act”.
Earlier today, one of California’s most powerful unions and two of the nation’s most prominent progressive economists unveiled a 2026 state ballot measure that would establish the nation’s first ...
Historically, the tax system has operated as a bulwark against concentrations of wealth. And in this way, it has served to ...