A group of California state lawmakers have proposed a wealth tax that would assess a levy of 0.4% on all net worth above $30 million. The tax would exclude directly held real estate.
It’s estimated to affect 30,400 residents and …
Continue Reading…Continue ReadingToday, with @SenMarkey and @SenGillibrand, I am introducing a 60% tax on the obscene wealth gains of 467 billionaires during this pandemic in order to guarantee healthcare as a right to all for an entire year. #MakeBillionairesPay https://t.co/6BxIHVTYvF
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New York Governor Andrew Cuomo shared some of the tactics he’s using to lure wealthy New Yorkers who have left the state in recent months back home. During a briefing earlier this week, he explained how he tries to “bribe” …
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Democratic Congresswoman Alexandria Ocasio-Cortez is throwing her support behind a bill that would tax not just income for wealthy New Yorkers, but wealth. The revenue would be used, Ocasio-Cortez says, to create an emergency worker bailout fund for poor …
Continue ReadingPol Pot was a Marxist. He headed the Communist Party in Cambodia from 1963 to 1981. During that time he turned Cambodia into a one-party dictatorship. His goal was to turn Cambodia into an agrarian socialist society.
Between 1975 and …
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