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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 ...
A viral claim relies on a misleading definition of income.
The super-wealthy are criticized by some, but two academics say many billionaires become rich by improving people's lives and expanding the economy. Billionaires aren't all bad — and taxing them ...
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!"
As one of the world’s wealthiest people, billionaire Bill Gates defies the money-grubbing mogul stereotype. A celebrated philanthropist, he has given much of his wealth away. And if he had his ...
President Biden, introducing his billionaires tax. Biden has now made it mainstream, though his plan is somewhat more modest than the others — his proposal for a wealth tax would raise about ...
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 ...