2023-01-25 21:42:29

Viewpoint: Would wealth taxes bring big bucks or spur exodus?

The Business Journals

The taxes would be levied on worldwide assets, would hit wealthy taxpayers even if they left the state and hefty penalties would be imposed for underpaying.

#tax #taxpayer

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Business / Finance2023-01-20 22:59:51

Californias new wealth tax could follow you to Florida or Texas and would hit more than billionaires

California's proposed wealth tax appears to take aim at popular strategies among the wealthy to avoid state taxes.

#wealthtax #statetaxes

Politics2023-01-24 19:32:13

Mass DOR head: No signs yet that millionaires tax' is causing taxpayers to flee

The state Department of Revenue estimates more than $1.4 billion in "millionaires tax" revenue in FY2024.

#tax #millionaire

Business / Finance2023-01-22 11:00:00

California lawmakers to consider new wealth tax and it could follow those moving to Texas

California's proposed wealth tax appears to take aim at popular strategies among the wealthy to avoid state taxes. But the bill is already raising alarm...

#bill #investment #wealthtax

Business / Finance Press Release2023-01-25 13:43:00

Study Finds Wealth Taxes Associated With Higher Dividends, Less Long-Term Investment

LAKEWOOD RANCH, Fla., Jan. 25, 2023 /PRNewswire/ -- A new study published by the American Accounting Association finds wealth taxes in Europe are having an...

#research #cash #donald #innovation #majorityshareholders

Business / Finance2023-01-23 20:18:40

California considers new wealth tax and it could follow those who move to Arizona

California's proposed wealth tax appears to take aim at popular strategies among the wealthy to avoid state taxes.

#wealthtax #statetaxes

Business / Finance2023-01-25 18:41:30

Tampa Bay's high-income earners should brace for tax enforcement, attorney says

Florida is poised to become a hot spot for audit activity.

#hotspot #tax #taxenforcement

PoliticsBy Julia Davies2023-01-25 09:51:15

Dear Nadhim Zahawi: heres what patriotic British millionaires do we pay our proper taxes

Lets be clear at the outset the latest Nadhim Zahawi scandal isnt just a tradesman forgetting to put a few jobs through the books. This is the man who was in...

#NadhimZahawi #investment #politician #government #energy

PoliticsBy Associated Press2023-01-20 21:04:45

Tax the Rich? Liberals Renew Push for State Wealth Taxes

Supporters of taxes on the very rich contend that people are emerging from the COVID-19 pandemic with a bigger appetite for what theyre calling tax justice....

#pandemic #congress #government #policy #revenue

Business / Finance2023-01-24 02:39:11

California lawmaker pushing for wealth tax: Perhaps rich people can run, but they cant hide

"If it were not for Californias forward-thinking investments, tax credits, etc. and supportive ecosystem, they would not be able to build their wealth here,"...

#investment #TaxCredits #alex

Business / FinanceBy Adriana Morga2023-01-25 19:59:34

Filing income taxes is daunting and stressful. These tips can make the ordeal infinitely easier

Whether you do your taxes yourself, go to a tax clinic or hire a professional, navigating the tax system can be complicated and stressful.

#Taxsystem #clinic

Business / Finance Press Release2023-01-24 23:20:00

Economics of Tobacco Taxation in Sri Lanka, 2022 Macro Economic Policy Report

DUBLIN, Jan. 24, 2023 /PRNewswire/ -- The "Macro Economic Policy Series 2022: Economics of Tobacco Taxation in Sri Lanka " report has been added to...

#treasury #health #taxation #tobaccomarket #illicitmarket

Business / Finance2023-01-25 09:37:41

Inflation surprise: Wage gains eclipse price spikes

The war on inflation may be far from over, but the economy has reached a key, little-noticed milestone: Workers wage gains are finally outpacing the rise in...

#wagegains #pricespikes #inflationsurprise #economy #president

Business / FinanceBy Susan Haigh2023-01-21 01:09:28

Liberals renew push for higher state taxes on billionaires and ultra millionaires so they pay what they owe

Bills announced Thursday in California, New York, Illinois, and other states vary in their approaches, but all revolve around the richest Americans paying more.

#bill #otherstates

Business / FinanceBy The Motley Fool2023-01-25 20:30:11

Should You Be Prepared for a Smaller Tax Refund in 2023?

Image source: Getty Images Tax season 2023 is now underway, and the IRS has started accepting returns for the 2022 tax year. Refunds should begin showing up...

#taxrefund #pandemic #congress #income #stock

PoliticsBy Alisa Odenheimer2023-01-25 17:39:42

Netanyahu Says Legal Reform Will Strengthen Democracy, Economy

Israeli Prime Minister Benjamin Netanyahu said concerns over his plan to rein in the judiciary are misguided, as the move will cut unnecessary regulation and...

#attractiveplace #benjaminnetanyahu #economy #goodplace #judiciary

Business / Finance2023-01-24 15:40:57

Assemblyman Alex Lee pushing for wealth tax: Perhaps rich people can run, but they cant hide

"If it were not for Californias forward-thinking investments, tax credits, etc. and supportive ecosystem, they would not be able to build their wealth here,"...

#investment #alex #lee

PoliticsBy Tim Smart2023-01-25 17:47:15

Earnings Reports, Layoffs Reflect Slowing Economy as 4Q GDP and Inflation Data Loom

On Thursday, the government will issue its advance estimate of the nations economic output for the fourth quarter of 2022. The report on gross domestic...

#slowingeconomy #government #google #amazon #microsoft

Business / FinanceBy Nerd Wallet2023-01-25 20:17:48

Supreme Courts Student Loan Decision Will Impact Black Women Most

The fate of up to $20,000 in student loan cancellation for over 40 million borrowers is now in the hands of the Supreme Court. One group, however, has the...

#blackwomen #silver #space #finance #opinion

PoliticsBy Associated Press2023-01-24 23:10:38

GOP-Controlled House Passes Youngkin Tax Cut Agenda

RICHMOND, Va. (AP) The Republican-controlled Virginia House of Delegates signed off Tuesday on a slate of business and personal income tax-reduction...

#gov #bill #standarddeduction #significantmove #ratecut

PoliticsBy Associated Press2023-01-23 23:57:09

Hawaii Governor Proposes Tax Relief to Lower Cost of Living

HONOLULU (AP) Hawaii Gov. Josh Green on Monday proposed investing $1 billion in affordable housing and giving tax breaks to people of all income levels to...

#taxrelief #gov #economy #revenue #incomebracket