🚨NEW: BRAZIL DELAYS CRYPTO TAX CONSULTATION AHEAD OF ELECTIONSBrazil has paused plans for crypto tax consultations.The move delays clarity on digital asset taxation. Stablecoin activity was expected to be a key focus.Per reprots, officials are avoiding controversial fiscal measures for now. The decision comes ahead of October’s presidential election.Policy direction remains uncertain in the near term. ...

Residents exiting Massachusetts took a net of $4.2 billion in adjusted gross income with them in 2023, one of the largest totals in the country, after a tax on millionaires took effect https://t.co/6qiRJ02yBh ...

Should billionaires be taxed base on their wealth. A new ballot initiative in California says yes, but the Democratic governor out there says no. Joining us, former California Democratic Senator Barbara Boxer, professor of public policy and economics at the University of Michigan's Ford School of Public Policy, Betsy Stevenson, It's asking for a tax on wealth, not income taxes.The question of how to tax wealth, which has been around for quite a while, which Elizabeth Warren really attacked in the 2020 campa ...

Washington state is set to approve a new tax on millionaires, a measure that would shift how the state raises money and set off a likely court fight over a nearly century-old legal ruling https://t.co/NkMbbSALyT ...

At least we got free healthcare!Richard Cooper (@Rich_Cooper):How you get taxed to death in Toronto, Canada 🇨🇦Me: Earn $220k+ in incomeCRA: Lovely. We’ll take 53.53% of thatMe: Treat yourself to a exotic car for the hard workCRA: Add 23% TaxMe: Put $100 in the gas tankCRA: That'll be 35% TaxMe: Make $250k capital gains on ...

A more apt analogy for the taxation of America’s rich would be “the aristocracy of pre-revolutionary France, who were exempt from paying almost all taxes”, argues Ray Madoff in a guest essay https://t.co/WGTZzHlR2D ...

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 ...

LATEST: 🇹🇷 Turkey's ruling party has proposed a 10% tax on crypto income, giving the president the authority to adjust the rate anywhere from 0% to 20%. https://t.co/2VmRiZNPvA ...

If society wants a closer tie between mega-corporate profits and common prosperity, the simplest way is to regulate stock buybacks and have a dividend tax that directly pays for specific govt functions.TSMC’s dividend tax pays for the entire Taiwan medical system now.In the future, each mag7 company’s dividend tax will pay for a different ubi benefit. ...

Arguments that high earners do not pay their fair share are mostly empty. And squeezing the rich further will raise trifling sums of money, while causing real economic damage https://t.co/b7o4WItarQ ...