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2 mins read

As India’s income inequality worsens beyond British-era levels, majority want to tax the rich, study reveals

A study by the World Inequality Lab has shown that Indian billionaires already own a disproportiona…

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1 min read

Palm Beach housekeepers are raking in $150,000 salaries as the rich flock to Florida, report says

Demand for such positions has surged in areas like Palm Beach as the rich continue to flock to Flor…

Rebecca Rommen   


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4 mins read

The Indian rich is buying property in Dubai – Tax benefits to rental yields, the driving forces at play

After the COVID pandemic got over, the real estate market has been going from strength to strength …

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2 mins read

Bill Gates thinks the super-wealthy should pay more tax – and plenty of rich people agree

Bill Gates told the World Economic Forum that countries, companies and individuals who have the mos…

Jyoti Mann   


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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   


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4 mins read

How rich families use trusts that last as long as 1,000 years to save on taxes and benefit future heirs

With dynasty trusts, rich taxpayers can provide for 40 generations of heirs and shield assets from …

Hayley Cuccinello   


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3 mins read

Don't think all Nvidians are now rich, says one engineer

Nvidia's share price has surged in recent months on the AI boom, but that doesn't mean all employee…

Jyoti Mann   


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2 mins read

How much Bill Gates pays in property taxes on his pricey real estate portfolio

Bill Gates' many houses come with a multi-million dollar tax bill each year. Here's how much he pay…

Madeline Berg   


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1 min read

Dozens of rich Norwegians worth billions have relocated to Switzerland to escape higher taxes

Norway raised its wealth tax from 0.85% to 1.1% last year, prompting the departure of some of its m…

Jyoti Mann   


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New York and other states are using AI to hunt down wealthy remote workers and demand more tax

New York and other states are using AI-generated letters to challenge wealthy remote workers who ar…

Mikhaila Friel   


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4 mins read

Warren Buffett said he could make a 50% return on $1 million and predicted higher taxes. Here are 14 Q&A nuggets.

Warren Buffett teased a potential Canada bet, predicted Berkshire would surpass $200 billion in cas…

Theron Mohamed   


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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   


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7 mins read

How Trump's 'I'm rich!' boasts are coming back to bite him in court

Donald Trump can't help bragging about his wealth. But his boasts helped fuel the $83.3M E. Jean C…

Laura Italiano,Jacob Shamsian   


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Matthew Loh   


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Bernie Sanders once again wants to raise taxes on rich heirs

Sen. Bernie Sanders and other progressives want people inheriting over $3.5 million to pay at least…

Juliana Kaplan   


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3 mins read

Warren Buffett wrote to Leon Cooperman about stock buybacks, taxing the rich, and the presidency. Here are the 3 messages, from Cooperman's new memoir

Buffett praised Cooperman for defending Henry Singleton and Teledyne, and joked he could "deliver N…

Theron Mohamed   


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3 mins read

Tax-friendly destinations: A guide to the world's lowest taxes countries

New Delhi, Oct 1 (IANSlife) In recent years, there has been a significant surge in the number of In…

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2 mins read

Elon Musk says Biden's desire to tax the ultra-rich would 'upset a lot of donors'

Elon Musk took a dig at wealthy Democratic donors and President Joe Biden's plans to tax the rich i…

Grace Kay   


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3 mins read

Carbon tax turns into climate fight at COP28

The European Union's plan to impose a tax on the carbon pollution emitted to make goods imported fr…

PTI   


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4 mins read

Money dysmorphia: Why some wealthy people don't feel like they're rich

Money dysmorphia refers to when people have a distorted view of their finances that causes them to …

Kelsey Vlamis