'78% of the British public supports a two per cent tax on net assets over £10m'
The proposed two per cent annual Wealth tax on net assets (property, investments, cash) exceeding £10 million could raise approximately £24 billion a year.
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The proposed two per cent annual Wealth tax on net assets (property, investments, cash) exceeding £10 million could raise approximately £24 billion a year.
New research shows that Britain raises more tax from wealth than any country in the OECD. More than Spain, Norway and Switzerland – the three European countries that have a stated...
As predicted in our previous alert, a number of states recently moved to enact or propose wealth taxes or income taxes aimed at individuals with high annual incomes, over $1 millio...
A new bill introduced in the Minnesota House seeks to tax non-real assets, imposing an annual tax of 1 percent on “taxable wealth” exceeding $10 million for individuals and trusts...
We need a 5% wealth tax on America's 938 billionaires. Over a ten-year period, this bill would raise much-needed $4.4tn for public coffers
Nick Maggiulli, the COO of Ritholtz Wealth Management and blog Of Dollars and Data has a pretty informative post Why Taxing the Wealthy is Harder …
The world is facing a financial crisis because we will be facing absolute shortages of oil, food, and raw materials very soon. And that changes Read the full article...
In our third installment recapping states’ efforts to impose new taxes on high net worth individuals, we provide updates on Washington’s Millionaires Tax, New York State’s efforts...
Wes Streeting has set out plans for a wealth tax that would see capital gains equalised with income tax.
California may put an extraordinary wealth tax before voters this fall. Under the proposal, anyone worth more than a billion dollars would see 5 percent of their wealth taken next...
According to the BBC this morning: Former Health Secretary Wes Streeting has proposed introducing a wealth tax as part of his pitch for the Labour Read the full article...
On May 12, 2026, a Bill entitled the “Fair Trusts for Fiscal Responsibility Act” was introduced in the Senate by Sen. Patty Murray and co-led by Sen. Ron Wyden. The proposed legisl...
Silicon Valley’s growth over recent decades has made California rich — and one of the most unequal places in America.
For several of California’s most prominent tech billionaires, the 5% wealth tax might be far higher.
Wes Streeting - once seen as the Blairite candidate - called for a levy on the 'rich' that he claimed could bring in £12billion a year.
The so-called 2026 Billionaire Tax Act is a California ballot initiative that has been filed to appear on the November 2026 ballot. If approved by California voters, the initiative...
I am aware that we post a lot of polls on this blog these days, although I readily admit most are on our videos and Read the full article...
Wes Streeting is proposing reforms to capital gains tax, as part of his pitch for the Labour leadership.
Labour leadership hopeful Wes Streeting has called for a ‘wealth tax that works’ by equalising tax on income and assets. […] The post Wes Streeting calls for ‘wealth tax that works...
Wes Streeting, Secretary of State for Health and Social Care of the United Kingdom, arrives for a cabinet meeting at 10 Downing Street in London, Tuesday, Feb. 24, 2026.A minister...
Wes Streeting may or may not make it into Number 10, but it is troubling that his big economic idea is a 'wealth tax that works'. It won't.
From coast to coast, lawmakers are embracing wealth and millionaires’ taxes. Many of these proposals will face their ultimate test at the ballot box this November, and we should be...
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