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You Searched For "wealth tax abolished" and got 20 results


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6 mins read

Budget 2024-25: New tax regime sweetened by FM, hikes standard deduction to Rs 75,000

​More than two-thirds of taxpayers have availed of the new Income Tax regime, as per Nirmala Sithar…

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1 min read

Filing new ITR forms is not a cakewalk, here’s why

Central Board of Direct Taxes (CBDT), the Indian authority responsible for administration of the di…

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4 mins read

Real-estate investors said eliminating a popular tax-avoidance tool would damage the economy

The 1031 exchange, which lets people defer taxes if they sell a property and invest in a new one, i…

AJ LaTrace   


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3 mins read

Wealth-tax opposition is rooted in the era of American slavery, 2 economists say

"A fear haunted the slaveowner of the South: that non-slaveholding majorities would use taxation to…

Joseph Zeballos-Roig   


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10 mins read

ProPublica's billionaire tax data shows the importance of closing 2 key tax loopholes. Here's how.

Our tax code has two massive tax loopholes that reward billionaires like Mark Zuckerberg, Jeff Bezo…

Josh Barro   


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6 mins read

Here's why Europe has mostly ditched wealth taxes over the last 25 years - even as Elizabeth Warren and Bernie Sanders seek them for the US

"For progressives to invest their energy in a proposal that the Supreme Court has better than a 50%…

Joseph Zeballos-Roig   


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5 mins read

Calls to 'abolish billionaires' raise eyebrows, but they've been a long time coming

Occupy Wall Street remained relatively small in the wake of the financial crisis, but it did make i…

Richard Feloni   


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2 mins read

World-famous economist Thomas Piketty has released a new 1,200-page guide to abolishing billionaires and reforming capitalism

Piketty's new book builds on many of his existing positions and ideas regarding income equality and…

Daniel Strauss   


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6 mins read

US inequality is only getting worse, and the 'dynastic wealth' bemoaned by Warren Buffett may be one of the reasons why

In an attempt to even the playing field between the richest and poorest Americans, a number of weal…

Hillary Hoffower   


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7 mins read

No, Donald Trump's tax avoidance is not normal

Even if Trump had generated no net value through his business ventures and was living off his inher…

Josh Barro   


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3 mins read

Budget 2015: Tax Sops Galore, both India Inc and people cheer

While Finance Minister Jaitley decided to keep income tax slabs unchanged, however, he announced th…

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17 mins read

Britain had a vast, unfair transfer of £36 billion in wealth and no one is talking about it

The act created a legal framework that let companies funnel workers into private pension plans and …

Jim Edwards   


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6 mins read

France scrapped a more extreme version of Alexandria Ocasio-Cortez's tax plan for millionaires because it was making so little money

The tax faced allegations of being anti-business in a country where income taxes are already high c…

Sinéad Baker,Sinéad Baker,Sin…   


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2 mins read

An heiress asked a group of strangers how to give away her $27 million inheritance. They've now told her what to do.

Marlene Engelhorn, an Austrian heiress, asked 50 strangers to help give away her $27 million inheri…

Joshua Zitser   


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2 mins read

An 11-year-old was given an allotment of 'undesirable' land. Beneath the surface was millions of dollars worth of oil.

After oil was discovered under her land, Sarah Rector received marriage proposals for her wealth.

Yoonji Han   


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5 mins read

Housing economists have a great idea that could fix just about everything

There's a simple way to help cities and towns across the country address underused land and a housi…

Eliza Relman   


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3 mins read

Paul Constant   


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4 mins read

Hyderabad's Nizamate comes to an end but the mystery shrouding a chequered saga continues

Since then he has been identified as the eighth and the last Nizam of Hyderabad. Mukarram …

PTI   


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2 mins read

An Illinois city is paying $10 million in reparations to Black residents - a US first - beginning with mortgage relief

Evanston, Illinois' city council will spend the first $400,000 on housing and mortgage assistance f…

Natasha Dailey   


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11 mins read

Inside Vivek Ramaswamy's intense, high-maintenance, and highly air-conditioned empire

Republican presidential candidate Vivek Ramaswamy tries to appear down to earth. But former staff s…

Katherine Long,Jack Newsham,M…