You Searched For "billionaires income tax" and got 19 results
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1 min read
Billionaire Jamie Dimon says the rich should pay more to fund tax cuts for lower-income Americans
JPMorgan CEO Jamie Dimon said the US government should expand federal tax credits for struggling lo…
Sawdah Bhaimiya
2 mins read
Jamie Dimon says the 'Buffett rule' approach to taxing the wealthy could solve America's debt problem
The JPMorgan CEO cited the famed rule that million-dollar households should not pay taxes on a lowe…
Filip De Mott
2 mins read
Proposals to tax unrealized capital gains would 'kill the stock market,' billionaire investor Mark Cuban says
"She's open minded, she's not an ideologue, she wants to do what's best for business," Mark Cuban s…
Matthew Fox
5 mins read
Insider Today: America's billionaire hub
In this Saturday edition of Insider Today, we're talking about Jackson Hole, Wyoming, one of the ri…
Joi-Marie McKenzie
1 min read
'Shark Tank' star Mark Cuban says Donald Trump's China tariffs would ruin Christmas next year
Mark Cuban said Donald Trump would be "the Grinch that stole Christmas" as a 60% tariff on Chinese …
Theron Mohamed
3 mins read
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
2 mins read
Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn
The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …
Filip De Mott
5 mins read
What a Trump or Harris presidency would mean for your tax bill
BI looked at how Harris and Trump's tax policies could impact high- and low-income earners, as well…
Juliana Kaplan,Bryan Metzger
2 mins read
Billionaire Ray Dalio thinks universal basic income is no magic wand — and may even do more harm than good
The Bridgewater Associates founder welcomed giving people some financial "wiggle room," but said no…
Theron Mohamed
2 mins read
More companies would move to Miami if there were more private schools, says billionaire Miami convert Barry Sternlicht
The city just doesn't have enough private schools, which is holding more companies from setting up …
Shubhangi Goel
3 mins read
Nearly a million more children fell into poverty last year. Both presidential campaigns want to give parents money to fix that.
Nearly 10 million children were in poverty in 2023. It could become a key election issue.
Juliana Kaplan,Madison Hoff
3 mins read
Trump's tariffs would eat up time and money at even the smallest business, Mark Cuban says
Mark Cuban has warned that Trump's sweeping tariffs would burden businesses, reignite inflation, an…
Theron Mohamed
2 mins read
Vermont is debating a 'millionaires tax.' Massachusetts added $1 billion to its budget and paid for school lunches with a similar tax.
Vermont lawmakers are debating a 3% tax on residents earning more than $500,000 yearly. It would be…
Kenneth Niemeyer
2 mins read
The IRS's free tax filing system is officially open. Here's everything you need to know.
The IRS launched the Direct File tax program in March and residents of 12 states are eligible for t…
Allie Kelly
6 mins read
Who exactly is the middle class that JD Vance and Tim Walz are targeting?
Politicians love to cater to the middle class. But who that actually is remains murky.
Juliana Kaplan,Noah Sheidlower
3 mins read
26 billionaires, including Elon Musk and Jeff Bezos, paid just a fraction of the taxes the average American owes
A new analysis finds that Elon Musk had an average tax rate of just 2.1% on his wealth growth from …
Juliana Kaplan,Madison Hoff
3 mins read
Billionaires saw their wealth grow by 62% during the pandemic, while workers' wages grew by 10%
Around the country, millions of Americans are scrambling to get their taxes together. Many will pay…
Juliana Kaplan,Madison Hoff
2 mins read
Billionaire 'Bond King' Bill Gross recommends 4 defensive investments for a bull market he sees losing steam
Bill Gross says investors should focus on defensive and high-yielding stocks.
Filip De Mott
3 mins read
Biden's billionaires tax is 'better than nothing,' says leading wealth inequality researcher Thomas Piketty
Economist Thomas Piketty wrote the book on inequality. He told the New York Times things are changi…