wealth

Lawrence Summers Wants to Target the Rich, But Not Through a Wealth Tax

Lawrence Summers Wants to Target the Rich, But Not Through a Wealth Tax

Former Treasury Secretary Lawrence Summers proposed a suite of steps the U.S. government can take to raise trillions of dollars more in revenue from the rich without adopting a wealth tax.
U.K.’s Huawei Decision Won’t Please Anyone

U.K.’s Huawei Decision Won’t Please Anyone

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The WTO Must Reform or Die

The WTO Must Reform or Die

Donald Trump’s trade salvos have shaken the World Trade Organization at a perilous time for commerce.
Americans to Inherit $764 Billion This Year, Mostly Tax-Free

Americans to Inherit $764 Billion This Year, Mostly Tax-Free

One way the rich get richer is through inheritance, and they’re barely paying taxes on it.
4 Ways to Smartly Invest in Cryptocurrencies

4 Ways to Smartly Invest in Cryptocurrencies

The worst thing you can do is put your money into options you know little or nothing about.
4 Ways to Smartly Invest in Cryptocurrencies

4 Ways to Smartly Invest in Cryptocurrencies

The worst thing you can do is put your money into options you know little or nothing about.
Trump’s Immigrant Wealth Test Cleared to Start by Supreme Court

Trump’s Immigrant Wealth Test Cleared to Start by Supreme Court

The U.S. Supreme Court cleared President Donald Trump’s administration to start enforcing its new immigrant wealth test, designed to screen out green card applicants seen as being at risk of becoming
Wall Street Venture-Fund Curbs to Be Eased in Volcker Revamp

Wall Street Venture-Fund Curbs to Be Eased in Volcker Revamp

Wall Street banks would face much looser restrictions on investing in venture-capital funds under regulators’ latest rollback of the Volcker Rule, according to three people familiar with the matter.

Tom Steyer Would Pay $18 Million More in Taxes Under Democrats’ Plan

Billionaire and Democratic presidential contender Tom Steyer would pay $17.9 million more in annual taxes under a plan Democrats are considering should they sweep Congress and the White House in the
Labour Front-Runner Starmer Warns Brexit Risks Breaking Up U.K.

Labour Front-Runner Starmer Warns Brexit Risks Breaking Up U.K.

Keir Starmer, the front-runner to replace Jeremy Corbyn as leader of Britain’s opposition Labour Party, said Brexit risks breaking up the U.K. as he called for a “radical” redistribution of power to
Modi’s Nationalism Masks a Bad Economy, Protesters Say

Modi’s Nationalism Masks a Bad Economy, Protesters Say

The contentious legislation on citizenship was effectively just a tipping point for the millennials who took to the streets.
Bloomberg Offers Few Details to Back Up Trillions in Spending

Bloomberg Offers Few Details to Back Up Trillions in Spending

Ask Democratic presidential candidate Michael Bloomberg how he’ll pay for his plans to create jobs, provide health insurance and repair roads and bridges, and you get the same answer: Wait until you
Warren Reassures Supporters Campaign Can Last Past Super Tuesday

Warren Reassures Supporters Campaign Can Last Past Super Tuesday

Elizabeth Warren’s campaign sought to reassure supporters that she has the resources to sustain her candidacy after Super Tuesday despite recent drops in her polling in early-voting states.
Norway’s Weakened PM Makes Top Lieutenant Finance Minister

Norway’s Weakened PM Makes Top Lieutenant Finance Minister

Norway’s Prime Minister Erna Solberg named one of her top lieutenants to the key position of finance minister as her new minority government prepares to navigate a hostile parliament.
Ocasio-Cortez dismisses calls for civility: ‘I feel a need for all of us to breathe fire'

Ocasio-Cortez dismisses calls for civility: ‘I feel a need for all of us to breathe fire'

Rep. Alexandria Ocasio-Cortez spoke on stage with writer Ta-Nehisi Coates at a Martin Luther King Jr. Day event at the Riverside Church in Harlem. The two discussed King’s legacy and the
Merkel Cautions Europe on Balancing Act in Bipolar World

Merkel Cautions Europe on Balancing Act in Bipolar World

Angela Merkel, Germany's chancellor, delivers a speech during a special address on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 23, 2020. World leaders,
Mystery Central American Firm Targeted in Crackdown on Tax Plot

Mystery Central American Firm Targeted in Crackdown on Tax Plot

A Central American financial institution is suspected of helping clients worldwide evade taxes and launder money, according to tax investigators from the U.S., the Netherlands and three other nations

Biden, Sanders Overstate Tax-Hike Revenue, Estimates Find

Democratic presidential candidates Joe Biden and Bernie Sanders have overestimated the amount of revenue their tax proposals would generate by hundreds of billions, or even trillions, of dollars,
Justin Donald Is the Investment World's New Warren Buffet

Justin Donald Is the Investment World's New Warren Buffet

10 business commandments from lifestyle investor Justin Donald.
Justin Donald Is the Investment World's New Warren Buffet

Justin Donald Is the Investment World's New Warren Buffet

10 business commandments from lifestyle investor Justin Donald.