#wealth-tax

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#labour-party

Lord Bamford's 300m family windfall from JCB raises questions amid potential wealth tax

The Bamford family benefited £300m from JCB profits amid Labour's proposed tax reforms targeting the wealthy.

Cross-party MPs urge Reeves to impose 2% tax on wealth above 10m

Proposed wealth tax on the rich could raise £24bn annually, aiming for a fairer economy.

Unite criticises Starmer's bleak vision of Britain' as Sunak says warning of painful' budget lays ground for tax rises live

Sharon Graham calls for immediate action from Labour to support workers and public services, opposing austerity measures and advocating for a wealth tax.

Unite calls for 1% wealth tax on super-rich to fund UK public sector pay rises

Unite calls for a 1% wealth tax on the super-rich to fund public sector raises and NHS staffing.

Lord Bamford's 300m family windfall from JCB raises questions amid potential wealth tax

The Bamford family benefited £300m from JCB profits amid Labour's proposed tax reforms targeting the wealthy.

Cross-party MPs urge Reeves to impose 2% tax on wealth above 10m

Proposed wealth tax on the rich could raise £24bn annually, aiming for a fairer economy.

Unite criticises Starmer's bleak vision of Britain' as Sunak says warning of painful' budget lays ground for tax rises live

Sharon Graham calls for immediate action from Labour to support workers and public services, opposing austerity measures and advocating for a wealth tax.

Unite calls for 1% wealth tax on super-rich to fund UK public sector pay rises

Unite calls for a 1% wealth tax on the super-rich to fund public sector raises and NHS staffing.
morelabour-party
#public-services

Economists and Activists Call on Rachel Reeves to Introduce Wealth Tax in Inaugural Budget

Implementing a wealth tax on the UK's richest citizens could raise significant funds to support public services and environmental initiatives.

Upbeat Greens target Labour's timidity' and call for wealth tax to raise revenue

The Greens criticize Labour's lack of ambition in public service funding, emphasizing the need for a wealth tax and increased investment.

Unite urges 1% wealth tax on the super-rich to fund public sector pay rises and NHS recruitment

Unite proposes a 1% wealth tax to fund public sector pay raises and address NHS staffing shortages, challenging Labour's fiscal policies.

Economists and Activists Call on Rachel Reeves to Introduce Wealth Tax in Inaugural Budget

Implementing a wealth tax on the UK's richest citizens could raise significant funds to support public services and environmental initiatives.

Upbeat Greens target Labour's timidity' and call for wealth tax to raise revenue

The Greens criticize Labour's lack of ambition in public service funding, emphasizing the need for a wealth tax and increased investment.

Unite urges 1% wealth tax on the super-rich to fund public sector pay rises and NHS recruitment

Unite proposes a 1% wealth tax to fund public sector pay raises and address NHS staffing shortages, challenging Labour's fiscal policies.
morepublic-services
#economic-impact

Chancellor warns the Rich will be hit with 'largest burden' in Autumn Budget - London Business News | Londonlovesbusiness.com

The UK Budget will increase tax burdens on the wealthy, prompting fears of an exodus of high-net-worth individuals.
Proposed Labour tax increases are driving significant concerns about the economic stability and future of wealthy residents in the UK.

Kamala Harris's Unrealized Capital Gains Tax Would Hurt All Crypto Investors

The proposed 25% tax on unsold assets could severely disrupt cryptocurrency markets and hurt everyday investors.

Chancellor warns the Rich will be hit with 'largest burden' in Autumn Budget - London Business News | Londonlovesbusiness.com

The UK Budget will increase tax burdens on the wealthy, prompting fears of an exodus of high-net-worth individuals.
Proposed Labour tax increases are driving significant concerns about the economic stability and future of wealthy residents in the UK.

Kamala Harris's Unrealized Capital Gains Tax Would Hurt All Crypto Investors

The proposed 25% tax on unsold assets could severely disrupt cryptocurrency markets and hurt everyday investors.
moreeconomic-impact

British billionaire slashes the price of his London mansion by $13 million, saying the rich are fleeing the UK. See inside the storied property.

David Sullivan cut the price of his London mansion to £65 million, citing economic challenges and planned tax changes affecting wealthy individuals.
#climate-finance

Rich countries could raise $5tn of climate finance a year, study says

Rich countries can significantly increase climate finance for developing nations through taxes on wealth and fossil fuels.

Wealth tax on super-rich could raise 1.5tn globally, campaigners say

Governments globally adopting Spain's wealth tax could raise over $2 trillion to finance climate initiatives, according to the Tax Justice Network.

Rich countries could raise $5tn of climate finance a year, study says

Rich countries can significantly increase climate finance for developing nations through taxes on wealth and fossil fuels.

Wealth tax on super-rich could raise 1.5tn globally, campaigners say

Governments globally adopting Spain's wealth tax could raise over $2 trillion to finance climate initiatives, according to the Tax Justice Network.
moreclimate-finance
#income-inequality

Bill Gates and Bernie Sanders met to discuss taxing the super rich

Bill Gates met with Bernie Sanders to discuss income inequality and tax reforms despite their ideological differences.

Billionaire Bill Ackman has an idea for getting the ultra-wealthy to finally pay a fair share of taxes

Bill Ackman proposes a tax on borrowing against stock for the ultrawealthy to address income inequality without stifling entrepreneurship.
from www.theguardian.com
6 months ago

Why are billionaires scared of Brazil's plan to hit them with a global tax? Because it makes perfect sense | Larry Elliott

Implementing a wealth tax on billionaires, like Jeff Bezos and Elon Musk, is proposed to address global financial challenges and reduce inequality.
from Fast Company
3 months ago

Most Americans think the rich don't pay their fair share of taxes-but Trump wants to lower them even more

Debate over tax policy in 2024 presidential campaign focused on Trump's vow to extend tax cuts vs. Biden's plan to increase taxes on the wealthy, emphasizing fairness.

Bill Gates and Bernie Sanders met to discuss taxing the super rich

Bill Gates met with Bernie Sanders to discuss income inequality and tax reforms despite their ideological differences.

Billionaire Bill Ackman has an idea for getting the ultra-wealthy to finally pay a fair share of taxes

Bill Ackman proposes a tax on borrowing against stock for the ultrawealthy to address income inequality without stifling entrepreneurship.

Why are billionaires scared of Brazil's plan to hit them with a global tax? Because it makes perfect sense | Larry Elliott

Implementing a wealth tax on billionaires, like Jeff Bezos and Elon Musk, is proposed to address global financial challenges and reduce inequality.

Most Americans think the rich don't pay their fair share of taxes-but Trump wants to lower them even more

Debate over tax policy in 2024 presidential campaign focused on Trump's vow to extend tax cuts vs. Biden's plan to increase taxes on the wealthy, emphasizing fairness.
moreincome-inequality

Donors Quietly Push Harris to Drop Tax on Ultrawealthy

Donors are urging Vice President Kamala Harris to reconsider her support for a proposed tax on ultrawealthy Americans amid tensions over her campaign agenda.

No more fiscal favours? Calls to tax super-rich gain traction around world

Calls for higher taxes on the super-rich are gaining traction globally.

After 14 years of Tory cruelty, here are three ways Labour could use the benefits system to bring about good | Frances Ryan

Britain's safety net has been shredded, leading to poverty and sickness.
Utilizing the benefits system can bring about positive change by addressing poverty and hardship.

California Democrat pushes wealth tax as $68 billion deficit looms. Why it's getting attention

A California Democrat is renewing efforts to tax wealthy residents' net worth as a solution to the state's budget gap.
Assemblyman Alex Lee's bill, AB 259, would institute a 1% tax on the net worth of residents with more than $50 million in assets.
#supreme-court

Finance Docket: Supreme Court Case Could Torpedo A Future Wealth Tax

The Supreme Court case of Moore v. United States, which involves a $15,000 tax liability, could have broad implications for income taxation and the concept of a wealth tax.
The case raises the question of whether income must be 'realized' by a taxpayer before it can be taxed by the government.

Supreme Court Won't Preemptively Strike Down A Wealth Tax

The Supreme Court's decision on taxing foreign investments was not to block a wealth tax but to uphold existing laws and avoid setting a precedent for future taxation issues.

Finance Docket: Supreme Court Case Could Torpedo A Future Wealth Tax

The Supreme Court case of Moore v. United States, which involves a $15,000 tax liability, could have broad implications for income taxation and the concept of a wealth tax.
The case raises the question of whether income must be 'realized' by a taxpayer before it can be taxed by the government.

Supreme Court Won't Preemptively Strike Down A Wealth Tax

The Supreme Court's decision on taxing foreign investments was not to block a wealth tax but to uphold existing laws and avoid setting a precedent for future taxation issues.
moresupreme-court

Supreme Court Strikes Down Wealth Tax Case, Leaves Open Possibility for Future Cases

The Supreme Court upheld a Trump administration rule imposing a one-time tax on earnings from foreign corporations, potentially safeguarding the U.S. Tax Code.
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