Tax the Rich has thrown a number of Ferrari supercars around the farm in bouts of eyebrow-raising madness. It's featured a 288 GTO, a couple of F50s, even an Enzo. All it was missing was an F40 ...
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The Real Reason It's So Hard To Tax The RichPartially as a way to shrink inequality and the resentments that come with it, partially as a funding measure for government, there have been long-standing and loud calls to tax the rich.
Tax the rich has become a rallying cry for progressives highlighting issues of inequality in the U.S., but only in the last few years has the idea of a wealth tax truly permeated the public discourse.
A fair tax on their wealth: Billionaires should pay a wealth tax, and we should close tax loopholes that permit the rich to stash profits in tax havens. “In reality, taxation is a sign of legality and ...
Rather than argue about tax rates of the super-rich, policymakers would do well to focus on how best to collect taxes on the trillions of dollars that escape income taxation permanently.
So it’s easy to miss how the superrich are taxed at lower rates than the merely rich. Americans filed 164 million individual income tax returns for tax year 2020; the average AGI was $77,000.
Moore’s plan to raise taxes on high-earners may collide with his desire to attract high-tech business investment to Maryland.
It appears they are prepared to do so at the expense of the poor and middle class, by yanking health care coverage from ...
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