Tagged: Wealth Tax

December 30, 2025 @ 1:03 pm By JD Alois  |  

California is considering a “wealth tax,” a concept that has failed everywhere it has ever been attempted. California is one of the world’s top economies, competing with Germany and Japan with a GDP of around $4 trillion – far more than almost all other countries…. Read More

July 28, 2024 @ 4:42 pm By Michael Wong  |  

Finance leaders from the Group of 20 major economies issued their first-ever joint declaration on Friday, Reuters reported. They committed to cooperating on effectively taxing the world’s wealthiest individuals. However, this unity masks deeper disagreements about the appropriate forum to advance this agenda. In their… Read More