Governor Gavin Newsom’s office confirmed this week that Newsom opposes Assembly Bill 259, wealth tax legislation introduced in January by Assemblyman Alex Lee (D). Warren and other advocates for a national wealth tax must grapple with the reality that even fellow progressives like Gavin Newsom reject their idea. In defending his wealth tax rejection, Newsom …
https://www.theguardian.com/uk-news/2023/jan/30/offshore-companies-with-uk-property-not-stating-beneficial-owners?CMP=Share_AndroidApp_Other
People in the UK are struggling, yet the UK blindly ignores the vast tax avoidance happening under their nose. If the UK doesn’t know how much their own tax havens rob from the national treasury, imagine the rest of the world
When the wealthy use legal means to avoid taxes via massive loopholes, do we blame the wealthy or those in charge who choose to permt the loopholes to continue https://www.propublica.org/article/lord-of-the-roths-how-tech-mogul-peter-thiel-turned-a-retirement-account-for-the-middle-class-into-a-5-billion-dollar-tax-free-piggy-bank
https://www.theguardian.com/politics/2021/jun/01/thinktank-urges-uk-government-to-back-bidens-global-tax-plan?CMP=Share_AndroidApp_Other
The $40 Billion Housing Headache Facing New York’s Next Mayor [“https://www.bloomberg.com/news/articles/2021-05-27/the-40-billion-housing-headache-facing-new-york”]
https://www.theguardian.com/business/2021/may/27/global-fair-tax-deal-on-a-knife-edge-says-uk-treasury-source?CMP=Share_AndroidApp_Other
Uncovering London’s hidden property wealth – https://on.ft.com/3bwTXMN via @FT Helpful progress in combating money laundering.
Another nail in the trickle down coffin Fifty Years of Tax Cuts for Rich Didn’t Trickle Down, Study Says [“https://www.bloomberg.com/news/articles/2020-12-16/fifty-years-of-tax-cuts-for-rich-didn-t-trickle-down-study-says”]
“France Imposed A 75% Tax On The Highest Incomes: It Didn’t Work And Here’s Why” by Peter Burns https://link.medium.com/RSemQvmDT7