US EditionWealth taxes don’t always work the way governments hope they will. Here are some alternatives
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2 Articles
Politics is trying to save the welfare state through higher taxes on income. Most of the assets are generated by shares and real estate – and should be taxed accordingly. What else is performance worth?
·Frankfurt, Germany
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Wealth taxes don’t always work the way governments hope they will. Here are some alternatives
RYO Alexandre/ShutterstockWith the UK government facing a multibillion pound gap between revenue and spending, calls for a wealth tax are becoming louder. More than 30 top economists recently wrote to the chancellor of the exchequer, Rachel Reeves, saying the measure could raise billions of pounds. A recent poll of more than 4,000 UK adults found that 75% would back a 2% tax on wealth above £10 million. Economic insecurity, rising living costs a…
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Leaning Left0Leaning Right1Center1Last UpdatedBias Distribution50% Center, 50% Right
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- 50% of the sources are Center, 50% of the sources lean Right
50% Right
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R 50%
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