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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…

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4 mins read

Some boomers aren't waiting to die to pass on their wealth — their millennial kids need it now

Financial planners say more boomers are proactively passing on their wealth as their millennial kid…

Kelsey Vlamis   


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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   


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4 mins read

A boomer dad who's 6 months away from retirement has already started gifting his Gen X and millennial kids their inheritance

A 68-year-old boomer says he's passing his wealth down to his adult kids now when they need it most…

Kelsey Vlamis   


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2 mins read

This soccer star who came from nothing has been funding universal basic income in his hometown for years

Sadio Mané gives about $76 a month to everyone in a "very poor region of Senegal" and has also fund…

Theron Mohamed   


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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…

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4 mins read

Universal basic income has gone from utopian vision to economic reality. Here's what you need to know about UBI.

Universal basic income is quickly gaining traction, with several trials and some famous proponents …

Theron Mohamed   


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3 mins read

A single mom who made $55,000 last year working 3 jobs says she's struggling to pay the bills but doesn't qualify for SNAP or affordable health insurance

A single mom who made $55,000 last year across three jobs says she can't pay the bills and doesn't …

Jacob Zinkula   


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2 mins read

Trump's trade and immigration policies are an 'elixir for stagflation' that could tip the US into recession, JPMorgan strategy chief says

A Trump election victory could trigger a policy shock to the economy, as his immigration and tariff…

Filip De Mott   


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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   


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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   


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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   


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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   


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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   


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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   


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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   


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4 mins read

Cork Gaines   


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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   


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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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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