You Searched For "wealth tax" and got 20 results
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3 mins read
Boomers who want to transfer wealth to their adult kids should make sure their finances can pass a stress test
Some baby boomers are proactively passing down wealth, but a wealth manager says they should make s…
Kelsey Vlamis
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…
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
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
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…
10 mins read
Credit card rewards are turning us into jerks
The battle to rack up credit-card rewards is turning friends against each other.
Emily Stewart
4 mins read
A millennial couple who grew their net worth from less than $100K to over $800K share the 'house-hacking' strategy that made it possible
A New Hampshire-based couple wants to retire by age 35 and become full-time parents. A house-hackin…
Jacob Zinkula
2 mins read
Most developed countries are set to gain more millionaires in the next 5 years with 2 big outliers
Both countries had an influx of wealthy people moving in, but with changes in taxes and other issue…
Lian Kit Wee
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
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…
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
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
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
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
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
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
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
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
4 mins read
Puerto Rican tax breaks are luring wealthy newcomers. A millennial says that's bad news for members of her generation with dreams of careers and homeownership.
Puerto Rico is becoming a popular destination for mainland Americans seeking tax breaks, but an inf…