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A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets or an entity's net worth. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses , financial securities , and personal trusts (a ...
The predecessor to the current comptroller's office started in 1846. The longest-serving Comptrollers in Texas history were Robert S. Calvert, who held the post for 26 consecutive years for an unprecedented twelve terms; George H. Sheppard, who served for 18 years over nine two-year terms; and Bob Bullock, who served for 16 years for four four-year terms and later was notable as one of the ...
Glenn Allen Hegar Jr. (born November 25, 1970) [1] [2] is an American attorney who serves as Texas Comptroller of Public Accounts.He was a Republican member of the Texas Senate representing the 18th District, west of Houston. [3]
The Warren wealth tax plan would impose an annual tax of 2% on every dollar a household has above $50 million, which increases to 6% for households with more than $1 billion. Under this plan ...
Elizabeth Warren’s proposed wealth tax seems to have unsettled some of the country’s wealthiest citizens, inspiring criticism from the likes of Bill Gates and Leon Cooperman — and maybe ...
Texas State Treasurer was an elected constitutional officer in the executive branch of the state government of Texas, responsible for overseeing the financial operations of state government. The position was established in the Constitution of 1876 .
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A "Tax Exemptions and Tax Incidence Report" prepared by the Texas Comptroller in November, 2020, estimated that limitation agreements would reduce school districts revenues by $916 million in 2022, and over $1 billion in 2023. [8]