Why are politicians always focused on implementing new taxes or raising taxes instead of balancing the budget?Bernie Sanders (@BernieSanders):Ok, Jamie: Let me clear things up for you.If my 5% wealth tax on billionaires was enacted you’d owe $135 million more in taxes & a family of 4 making $150,000 or less would receive a $12,000 payment.Oh, and you’d still be worth more than $2.5 billion. Seems pretty fair to me. ...

A controversial wealth tax on the rich, lifting a four-decade ban on nuclear power and the future of wind-farm developer Orsted are all in the spotlight in Denmark’s national election on Tuesday https://t.co/cnfDuuO4vh ...

"We need a modest wealth tax on these billions of dollars"California Representative Ro Khanna tells Mishal Husain why taxing billionaires doesn't risk a Silicon Valley exodusSubscribe to The Mishal Husain Show wherever you get your podcasts https://t.co/BSDvSynk4E https://t.co/4POiP54Q0f ...

RT DHH (@dhh)The proposed Danish wealth tax is (supremely optimistically) estimated to bring in 7 billion DKK. That just happens to be almost exactly what the Danes spend every year to host the 35,000 Syrians who haven't returned to their home country yet. https://t.co/RQ96rBcjGu ...

Senator Bernie Sanders (I-Vt.) and Representative Ro Khanna (D-Calif.) introduced legislation this week to impose a 5% annual wealth tax on America’s billionaires.The “Make Billionaires Pay Their Fair Share Act” would apply to U.S. individuals with a net worth of at least $1 billion.Learn more: https://t.co/31Lr3l3VKb📸: Benjamin Fanjoy via Getty Images ...

RT Eliyahu Kamisher (@eli_kamisher)Ro Khanna support for a wealth tax is fueling a tech-backed challenger in his June primary.“I have been completely shocked at how easily Ro betrayed his constituents,” said Chamath Palihapitiya. "I hope he loses his reelection badly."https://t.co/fc0rhxAbFu ...

Congressman Ro Khanna’s support for a wealth tax sparked a billionaires’ backlash — and now a tech entrepreneur wants to tap that anger for a primary challenge for his Silicon Valley seat https://t.co/shnsAye3fX ...

A new political effort backed by the Google co-founder Sergey Brin is backing several ballot-measure campaigns aimed at undercutting a proposed wealth tax on California billionaires https://t.co/GyvsQ087pa ...

There are a lot of billionaires in California with their hair on fire right now calling this the end of California because of this tax, which let's let's break down the facts. So, this is a tax that would be a one-time tax of 5% on the total wealth of any billionaire in California. Now, this has not gotten on the ballot yet.So, number one, you have to get the signatures to get on the ballot. Number two, it has to get a majority of the voters in November to pass on that ballot. And three, and this is the mos ...

This is a huge story with a huge price tag. The Wall Street Journal reporting Facebook founder Mark Zuckerberg has bought a $150 million home in Florida. The palatial estate is in the super exclusive Indian Creek area.It kind of makes Zuck say semi neighbor with fellow zillionaire Jeff Bezos along with Carla, Ivanka Trump, Jared Kushner, Tom Brady, and more. Now, it's not clear if Zuckerberg is leaving California or just buying a Florida crash pad. Why not.But I did post on X about it last night and noted t ...