You Searched For "billionaire minimum income tax" and got 20 results
Sort By:
2 mins read
Senators ask DOJ to investigate 'serious possibility of additional tax fraud' by Clarence Thomas
Two Democratic Senators asked Attorney General Merrick Garland to launch a special counsel investig…
Katherine Tangalakis-Lippert
3 mins read
President Biden's new budget wants to bring back the child tax credit and make sure Americans don't face Social Security cuts all while taxing billionaires and big companies more
President Joe Biden's latest budget proposal would expand the child tax credit and create a paid-le…
Juliana Kaplan,Ayelet Sheffey
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
1 min read
GST Council likely to levy 18% tax rate on corporate guarantees for loans
The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …
3 mins read
A Lyft driver says he isn't even making minimum wage driving full-time and it shows how much the job costs workers
Lyft CEO David Risher often posts positively about driving for the rideshare service. But one gig w…
Alex Bitter
5 mins read
I'm a tax lawyer who helps wealthy people move to lower their taxes — and prepare for residency audits
Wealthy people have been moving out of high-tax states like New York for cheaper locations like Flo…
Jordan Pandy
6 mins read
Many drivers for Uber, Lyft, and DoorDash are earning well below minimum wage, even with tips, a new paper finds
Many gig drivers earn less than local minimum wage after expenses, some earning just 40 cents an ho…
Noah Sheidlower,Jacob Zinkula
6 mins read
Have income from foreign source? Keep this in mind while filing taxes
The Income-tax Act, 1961 does not provide a specific definition for the term 'foreign income.' Gene…
1 min read
Biden will reportedly propose a 'billionaire minimum income tax' in his budget
The Billionaire Minimum Income Tax calls for a 20% minimum tax rate on American households worth mo…
Michelle Mark
1 min read
Billionaire 'Bond King' Bill Gross says a Trump win would be 'disruptive' for markets
A Trump presidency would worsen US fiscal deficits, the billionaire investor and PIMCO co-founder s…
Shubhangi Goel
2 mins read
Biden will revive the billionaire minimum tax and call for a big jump in stock buyback tax in his State of the Union speech
President Biden will call for the tax on corporate stock buybacks to quadruple in his State of the …
Zinya Salfiti
3 mins read
26 billionaires, including Elon Musk and Jeff Bezos, paid just a fraction of the taxes the average American owes
A new analysis finds that Elon Musk had an average tax rate of just 2.1% on his wealth growth from …
Juliana Kaplan,Madison Hoff
3 mins read
Billionaires saw their wealth grow by 62% during the pandemic, while workers' wages grew by 10%
Around the country, millions of Americans are scrambling to get their taxes together. Many will pay…
Juliana Kaplan,Madison Hoff
3 mins read
How to become a billionaire
Mark Cuban once said there is no downside to being a billionaire. So, how do you become one? The ea…
Henry Blodget
2 mins read
Trump's plan to hike tariffs instead of raising taxes could cause the 'mother of all stagflations,' policymakers warn
The Treasury secretary, Janet Yellen, and her predecessor Larry Summers called out Trump's plan to …
Filip De Mott
3 mins read
How HRA exemption can help you save tax in 2023-24
HRA exemption is available only if you are living in a rented house and opt for the old tax regime.…
3 mins read
Billionaires made enough during the pandemic to pay off everyone's student loans
Forget cancelling student debt. Americans for Tax Fairness found that billionaires' collective weal…
Juliana Kaplan,Ayelet Sheffey
2 mins read
Biden is yet again proposing a minimum tax on billionaires, this time raising it to 25%. But the real challenge will be to get it past Congress.
Biden is calling for a minimum tax rate of 25% on billionaires and a 39.6% capital gains tax in his…
Huileng Tan
2 mins read
The 25 wealthiest people in America like Bill Gates and Michael Bloomberg paid a lower tax rate than someone earning $45,000, a massive new report shows
The top 25 richest people have a total tax rate of 16%, ProPublica reported. It indicates how inequ…
Juliana Kaplan,Joseph Zeballo…
3 mins read
Biden wants to make sure billionaires pay at least a 20% income tax including on their massive pandemic-era stock gains
Billionaires added $1.7 trillion to their cumulative wealth during the pandemic. President Biden's …