State lawmakers are rushing a first-in-the-world wealth tax on billionaires. They also want taxes on streaming services such ...
Illinois’ latest tax scheme, a 4.95% “wealth tax” on unrealized gains for billionaires, risks violating the state ...
ChatGPT calculated taxing U.S. billionaires at the 22% rate of average Texans would generate $161 billion to $1.37 trillion ...
A state-level move to tax the extremely wealthy on unrealized gains would open a Pandora's Box of legal and logistical issues ...
Senators Cynthia Lummis and Bernie Moreno have urged the US Treasury to address an unintended tax burden caused by a Joe Biden-era tax on corporations, which could hurt digital asset companies. In a ...
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New Opportunity Zone Rules Triple Tax Benefits for Rural Investments: Here's Your 2027 Strategy
New IRS guidance just reshaped the opportunity zone landscape for 2027. Here's what high-net-worth investors need to know ...
FOX 26 Houston on MSN
Texas Proposition 2 results: Texans vote to ban unrealized capital gains tax
Texas voters have decided to ban taxes on unrealized capital gains. SJR 18 prevents the Texas state legislature from imposing ...
Generational wealth — the various financial assets that are passed down through families to children, grandchildren and beyond — can come with pretty hefty tax burdens for heirs. Estate planning is ...
There are many questions that don’t have simple answers, either because they’re too complex or they’re hypothetical. One such question is what it might mean for billionaires to pay taxes at the same ...
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