California Certified a Billionaire Wealth Tax. The Ground Can’t Run Away
California's billionaire wealth tax chases wealth that can flee. A land value tax, fixed to the ground, would raise the same money without chasing anyone.
CLAY TRIBUNE / THE ARCHIVE
Tag: wealth inequality
How the ultra-wealthy quietly shape the economy by buying up entire neighbourhoods
A book argues America's real millionaires aren't the billionaires you see online—they're the car dealers, hot dog sellers, and wax salon owners.
Top 10% Net Worth Now Starts Above $2 Million, Leaving Millionaires Behind
Net worth of $2 million marks America's top 10%, leaving mere millionaires behind. Here's how the top echelon truly stacks up.