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The naysayers about my Taxing Wealth Report have always said that some of my suggestions, such as equalising the tax rates on income and capital Read the full article...
To solve DC’s mounting budget crisis without deepening entrenched racial and economic inequalities, DC lawmakers should tax DC’s extreme concentration of wealth to help turn the fi...
This is in a Telegraph email this morning. I am reproducing it because this is not behind their paywall: Andy Burnham is considering increasing capital Read the full article...
Taxing the rich is proven fiscal policy – it raises revenue for vital public services and makes tax codes fairer. But a part of the debate that rarely gets enough attention: taxing...
Wealth taxes have been a failure everywhere they’ve been tried, which may be why advocates for the California amendment are saying this is a new frontier. But the countries that ha...
The planned wealth tax leads slightly in the polls and is already driving capital flight.
This question was asked by someone called Steve on this blog last night: How about a “triple lock” on wealth to help stop it’s current Read the full article...
New survey data shows Republicans and Democrats in some key states agreeing on taxing the ultra-wealthy.
The party said its wealth redistribution proposals would bring in over €53 billion.
California's billionaire tax is on the ballot this November, and it raises more questions than answers. From lost government revenue to legal battles that could drag on for years,...
Several states are dealing with ballot measures tied to taxing the rich — and there may be even more initiatives on this front in 2028
The difference between bleeding a third of gains to taxes and being able to keep compounding isn't luck or a secret loophole. It's structure.
As voters across the United States cast ballots on November 3, Californians are weighing whether to approve a one-time 5% tax on the wealth of billionaires in the state. The tax wo...
A new ITEP analysis examines the extraordinary wave of state income tax cuts enacted since 2020 and how years of repeated, incremental rate reductions are adding up to much larger...
For taxes too: Using administrative data from Scandinavian countries, we provide evidence on international migration responses to wealth taxes and evaluate their aggregate economic...
Benjamin Jaros (Stanford) and Joshua Rauh (Stanford) have a new NBER working paper, “The Net Present Value of the California Billionaire Tax Act” (October 2026). Here is the abstra...
Switzerland appears, at first glance, to be an ideal country in which to measure wealth inequality. It levies an annual personal wealth tax, producing unusually rich tax data. Yet...
Wealthy individuals in Ireland who pay income tax have an effective tax rate of 33%, almost double the rate paid by all other income taxpayers, according to a report by the Comptro...
Limiting a wealth tax to the very richest in society would only capture 1.5% of households, according to a paper by the Economic and Social Research Institute and the Department of...
The Financial Times has reported that billionaire Peter Hargreaves, co-founder of Hargreaves Lansdown, has warned against increasing taxes on wealthy people because, he says, Brita...
Standard optimal capital tax theory abstracts from modeling asset prices, making it unsuitable for thinking about capital gains and wealth taxation. We study optimal redistributive...
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