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The Treasury Secretary said Wednesday that the administration has no plans to eliminate the preferential tax treatment of carried interest profits, three days after President Trump said he wanted to do just that.
May 22 -
Democrats are busy finding new ways to tax the rich. The most straightforward way to do that — an annual tax on household wealth — is an idea with deep roots in Europe that several 2020 hopefuls are hoping to import to the U.S.
March 28 -
The Democratic presidential candidate is joining in calls for higher taxes on the wealthy, an issue that’s taking hold among the contenders for the party’s nomination in 2020.
March 27 -
The Vermont senator is considering a second run for president, and said his plan would apply to the wealthiest 0.2 percent of Americans
January 31 -
The billionaire CEO of JPMorgan Chase is OK with tax increases on the wealthy, as long as the revenue goes where he thinks it’ll do the most good.
January 31 -
Prior to the Tax Reform Act of 1986, the tax code was full of loopholes that individuals could take advantage of, especially movie stars.
January 29 -
Democratic presidential hopeful Elizabeth Warren has proposed a wealth tax on Americans worth more than $50 million, a pitch aimed at satisfying the eagerness of progressive voters to confront income inequality.
January 25 -
She may not be in Davos, but the freshman Congresswoman’s influence is already being felt on the slopes of the Swiss Alps.
January 22 -
U.S. Congresswoman and Bronx-native Alexandria Ocasio-Cortez would find herself at home in Stockholm.
January 9 -
Marginal rates had been that high as recently as 1981.
January 7