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Billionaires around the world are expected to transfer $6.3 trillion over the next 15 years, according to UBS. In the U.S. specifically, over the next 25 years, the top 1.5% of households are ...
The fairness of the U.S. tax system, especially concerning billionaires, has recently been a topic of heated debate. In his State of the Union address on March 7, President Joe Biden highlighted ...
The proposal that would target billionaires is out, Richard Neal told Bloomberg, but Ron Wyden told Insider: "I'm not saying that it's dead!"
The Global Tax Evasion Report revealed that billionaires across the world pay just 0% to 0.5% of their wealth in taxes, the International Consortium of Investigative Journalists reported.
A Democratic proposal to tax the unrealized gains of billionaires could have an unwanted side effect: the government cutting checks to the wealthiest in down times.
Finance officials from the world’s top economies began talks this week on a global minimum tax on billionaires. But such a levy would be harder to implement than the one recently introduced for ...
The global minimum tax on billionaires is a proposal by EU TAX put forward by UC Berkeley economist Gabriel Zucman to the G20. It is supported by the Brazilian and French presidents, Lula and Emmanuel Macron, and by ministers from South Africa, Spain, France and Germany. [ 1 ]
Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on ...