You Searched For "wealth tax" and got 20 results
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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…
3 mins read
A comprehensive guide to retirement planning in India: Secure your future
Retirement is often compared to a long vacation in Las Vegas: the aim is to enjoy it to the fullest…
2 mins read
The UAE is set to be the world's 'wealth magnet' this year, with 6,700 millionaires expected to move there
Millionaires are flocking to one place above all the rest this year: the UAE, a new report by wealt…
Kiera Fields
10 mins read
From ALICEs to geriatric millennials: Your complete guide to America's weird new tribes
Keep mixing up your DIPS and DINKs? You've come to the right place.
Erin Snodgrass,Jacob Zinkula
2 mins read
How much wealth you need to be in the top 1% in countries around the world
Americans need a minimum of $5.8 million net worth to be in the top 1% of US wealth — less than hal…
Noah Sheidlower
5 mins read
Welcome to the age of geriatric millionaires
Millionaires have been getting older, and holding onto their wealth for longer. It's creating a Kin…
Juliana Kaplan
3 mins read
South Africa's cash giveaway plan is not universal basic income, experts say
A South African program would pay too little money to too few people to qualify as universal basic …
Theron Mohamed
2 mins read
Americans' growing wealth points to a boom in a tax-exempt corner of the bond market
Adjusted gross income in the US spiked 17.7% to $2.2 trillion in the 2021 tax year, the highest yea…
Yuheng Zhan
1 min read
Russia is eyeing big tax hikes after this month's election to pay for the war in Ukraine
Putin is widely expected to coast to reelection, after which Bloomberg reported that the country co…
Yuheng Zhan
4 mins read
A shortage of young men in the workforce could weigh on housing, Social Security, and growth for years to come
Around 7.2 million men have dropped out of the workforce. That has a host of consequences that coul…
Jennifer Sor
3 mins read
Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner
Many Americans feel financially insecure and spend a fortune to appear wealthy, a financial planner…
Allie Kelly
4 mins read
Puerto Rican tax breaks are luring wealthy newcomers. A millennial says that's bad news for members of her generation with dreams of careers and homeownership.
Puerto Rico is becoming a popular destination for mainland Americans seeking tax breaks, but an inf…
Cork Gaines
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
5 mins read
For some millennials, the reality of their retirement plans is that they're a fantasy
New data shows a significant gap with how much millennials expect they need to retire ($1.7 million…
Dan DeFrancesco
1 min read
Wealth inequality and 'billionaire supremacy' have gotten so bad that at this rate, it will take 230 years to end poverty
Oxfam International said top billionaires have become $3.3 trillion richer since 2020. Meanwhile, 6…
Katie Balevic
2 mins read
Giving new babies a savings account can help curb wealth gaps and make college feasible. One Democrat wants to make it federal law.
Senator Bob Casey's proposal for automatic savings accounts for every kid in the US plays on a popu…
Juliana Kaplan
7 mins read
Meet the millennials who made all the right money moves in the pandemic economy and are suddenly wealthy
Millennials' average wealth doubled in the last four years, leaving some surprised to realize that …
Juliana Kaplan
1 min read
Don't worry about US debt because household wealth is 4 times bigger, former Fed economist says
"Politics is the real threat, not the level of borrowing. A country that prioritizes the size of th…
Filip De Mott
7 mins read
Tech titans love Modi's economic powerhouse India — despite mass unemployment and abject poverty
India is on track to become the world's third-largest economy by 2027, but Narendra Modi faces a pi…
Theron Mohamed
2 mins read
Progressive Democrats are proposing a new tax they say will help 'close the exorbitant wealth gap'
Pressure group the Patriotic Millionaires helped devise legislation called the Oligarch Act that wo…