You Searched For "Wealth Tax" and got 20 results
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2 mins read
Warren Buffett once told Barack Obama the wealthy should pay more tax — and that his wealth is partly down to luck
Warren Buffett complained he shouldn't pay a lower tax rate than his secretary, called out wealth i…
Theron Mohamed
8 mins read
Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work.
Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food,…
Juliana Kaplan,Noah Sheidlower
3 mins read
Bill Gates and other billionaires can learn from MacKenzie Scott's giving, a philanthropy expert says
Billionaire philanthropists may tackle problems that governments won't, but they could give better …
Theron Mohamed
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
4 mins read
Insider Today: Undercover millionaires
In this Sunday edition of Insider Today, we're talking about football season and the no-flash milli…
Dan DeFrancesco
1 min read
Bill Gates calls for higher taxes on the rich — but warns against crushing the American dream
Bill Gates said his ideal tax system would slash his net worth by 62% or about $100 billion, but st…
Theron Mohamed
6 mins read
Meet the millionaires next door
Six millionaires explain the lifestyles and philosophies that helped them grow their net worths fro…
Noah Sheidlower
4 mins read
A baby boomer says he collects enough in retirement benefits to live a good life in Germany but doesn't think his money would go as far in the US
Gary Hohenstein, 73, retired early and moved to Germany with his wife. He said his benefits go furt…
John Towfighi
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
4 mins read
A Goldman Sachs financial advisor shares 3 strategies for founders preparing to cash in on IPO wealth
An IPO can transform a founder's life overnight by generating a sudden cascade of wealth. A top wea…
Reed Alexander
2 mins read
The US is considering a sovereign wealth fund. Alaska already has one, and it's funding a universal basic income.
Alaska's Permanent Fund, once funded by oil extraction, is now funded through investment returns, a…
Lakshmi Varanasi
3 mins read
A third of Americans plan to retire on Social Security alone, but it may not be enough to get by
A personal finance expert shares how Americans can maximize Social Security income and best save fo…
Allie Kelly
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
8 mins read
The most surprising aspect of Kamala Harris' big surge
Maybe Joe Biden was actually the cause of the vibecession, because Kamala Harris has managed to she…
Emily Stewart
4 mins read
A boomer lives on $1,601 monthly from Social Security and struggles to pay bills. She plans to wait a few more years until she touches her 401(k).
Maureen lives on $1,601 monthly Social Security payments but doesn't want to use her 401(k) because…
Allie Kelly
1 min read
After outrage, Govt clarifies: tax clearance certificate only for people with tax dues, high-value defaulters
As per section 230 of the Income-tax Act, 1961, every person is not required to obtain a tax cleara…
PTI
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…
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
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
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…