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Bill Gates' New Year's Plea: Tax Me More
The billionaire used his annual year-end review to make the case for higher taxes on the super successful.
Buttigieg Proposes Hiking Capital Gains Tax: Campaign Update
Pete Buttigieg’s presidential campaign is proposing increases in the capital gains tax to pay for $2.1 trillion of domestic spending he outlined earlier Friday.
Biden: First thing we gotta do is go after people clipping coupons in the stock market
Incoherence. The post Biden: First thing we gotta do is go after people clipping coupons in the stock market appeared first on Hot Air.
Sanders, Warren Compete for Who Can Tax Billionaires the Most
Senator Elizabeth Warren’s wealth tax proposal is big. Senator Bernie Sanders’ is about 60% bigger.
What Trump’s Brief Flirtation With a Payroll Tax Cut Says About the State of the Economy
After floating potential fiscal stimulus measures on Tuesday, the President reversed course on Wednesday.
Bill Gates says socialism has “worked extremely poorly”
The Microsoft cofounder says he understands the surface appeal, but capitalistic market economies are better.
Why are Indian investors shying away from mutual funds?
After a heady run, India’s mutual fund (MF) industry seems to have lost some steam. The assets under management (AUMs) of all MFs in India…
Why Elizabeth Warren’s Wealth Tax Would Work
John Cassidy writes on Elizabeth Warren’s wealth-tax proposal, the economist Edward Wolff, and various ideas for reforming the existing tax system.
The Secret to Retiring for Real… And Much Sooner than You Think
This post The Secret to Retiring for Real… And Much Sooner than You Think appeared first on Daily Reckoning. Reliance on government control of your investments is like betting on the lottery to take
Trump Wants To Bypass Congress, Index Capital Gains To Inflation
Via Bloomberg, another one of Trump's plans to illegally grab authority from Congress. After all, who's going to stop him? President Donald Trump said he’s considering a capital gains tax break by
Cuomo Attacks Trump Plan for Capital Gains Tax Cut
New York state will stop basing its capital gains tax on federal government regulations if President Donald Trump follows through on his proposed unilateral change in how the levy is determined,
It’s a horrible idea to reduce the capital gains tax without a vote in Congress
Republicans are against pen and phone legislation, right? The post It’s a horrible idea to reduce the capital gains tax without a vote in Congress appeared first on Hot Air.
White House Not Actively Weighing Capital Gains Tax Change, Source Says
The White House isn’t actively considering the Treasury Department’s push to issue a rule that would slash tax bills for investors who have investment income, according to a person familiar with the
Trump wants to hand a $100,000,000,000 tax cut to the super-rich, without Congressional approval
Trump finance secretary/supervillain Steve Mnuchin says he wants to unilaterally allow Americans to factor in inflation when calculating capital gains; the move would cost the US government $100
Tax Loophole From 1960s Could Let Wealthy Tap 21% Corporate Rate
An obscure tax provision from the 1960s that was left untouched by President Donald Trump’s overhaul could let wealthy individual investors seize for themselves the largest corporate tax cut in U.S.
Ivanka Trump Made $3.9 Million From Father’s Hotel in 2017
Ivanka Trump made $3.9 million from her investment in her father’s hotel in Washington last year, according to a disclosure released by the White House on Tuesday.
Big Four Spending Splurge Pushes Kenya to Bet on Tax Increases
Kenya’s government is betting that a raft of proposed tax increases somehow won’t scare off investors in East Africa’s biggest economy.
Trudeau’s Hipster Economics Looked Great Until Trump Cut Taxes
Businesses up north are happy to be courted by state governments.
Hedge Fund Managers Shift Billions Over Carried Interest Concern
Late last year, some hedge fund managers raced to protect their personal fortunes from being carved up by the Republican tax law.
It’s a Great Time to Be a Wealthy Heir After Trump Tax Overhaul
New law doubles the estate-tax exemption to $22 million a couple, spurring interest in dynasty trusts.