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alberto_cottica
Alberto Cottica @alberto_cottica@mastodon.green · Aug 02, 2026
RE: https://mastodon.green/@alberto_cottica/117016646104388804 Very interesting insight from Gabriel Zucman: there is now an international movement for taxing wealth, and important initiatives are afoot. The most important of all is prop 40, California's proposed one-time five per cent tax wealth. It is projected to yield 100 billion dollars! That's as much as one year of income produced in California. I knew the various law proposals etc., but I was not seeing the big picture. #economics #wealthTax
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pvonhellermannn
Pauline von Hellermann @pvonhellermannn@mastodon.green · Jun 29, 2026
Replying to @pvonhellermannn@mastodon.green
#FollowTheMoney 🧵 97/n As Gary says again and again: the only way out of this is #WealthTax. Governments have to address massive inequality not just for everyone’s wellbeing, but also to regain some power. And we need to bring all those assets now owned by the wealthy (water, energy, education, everything) back into public ownership. As the rich have long known: it is ALL about who controls assets.
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feijoa
Benny For Your Thoughts @feijoa@mastodon.org.uk · Jul 13, 2026
Don't think of it as a wealth tax, think of it as a guillotine avoidance fee. #wealthTax
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Gary Stevenson @garyseconomics@kilogram.makeup · Jul 11, 2026
World leading economist, Joseph Stiglitz, is someone you should listen to when he speaks. And guess what…he backs a wealth tax to make the #FilthyRich pay their fair share. #WealthTax #TaxTheRich #WealthInequality #FairTax #EconomicJustice #UKPolitics
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RSawatskyCFP
Russell Sawatsky CFP @RSawatskyCFP@mstdn.ca · Jul 09, 2026
Taxes are not only about raising revenue. They also reflect choices about what society taxes: what we earn, what we spend, what we accumulate, and what we eventually pass on. In my latest #MoneyArchitect blog post, I look at #incometax, #consumptiontax, and #wealthtax, including taxes on wealth transfers, and why the tax mix matters. Read more here: https://moneyarchitect.ca/taxing-what-we-earn-spend-and-leave-behind/ #Canada #TaxPolicy #PersonalFinance #FinancialPlanning #WealthTax #GST #HST
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miki_lou
LM Little @miki_lou@mastodon.social · Jun 30, 2026
Two in three Canadians support a windfall profits tax on the oil and gas industry, https://www.theglobeandmail.com/business/commentary/article-oil-prices-iran-war-inflation-windfall-tax/ #cdnpoli #wealthTax #windfallTax #inequality
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KimPerales
Kim Perales @KimPerales@toad.social · Jun 23, 2026
Boosted by Gerrit 🇪🇺🌍🍉🔻 @gvenema@fairmove.net
"The top 1%🚨now hold as much wealth as the entire bottom 90% of Americans combined — about 32% each. This is what🚨runaway #inequality looks like, according to the Fed's most recent data released this month." -S Rattner #TaxTheRich #WealthTax #Oligarchs #Plutocracy #Kleptocracy #TechBros #BigTech #TrumpRegime #Republicans #USPol
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TheBadPlace
The Bad Place @TheBadPlace@mastodon.ozioso.online · May 23, 2026
Opinion Voices | Contributor: Why billionaires shouldn't fuss over the wealth tax by Stephen Land AI generated summary, Read the full article for complete information. Billionaires and their allies are launching a fierce campaign against California’s proposed one‑time 5 % wealth tax on net worth over $1 billion, arguing that the measure is poorly designed, costly to administer, and would have little impact on the rapid growth of massive fortunes that benefit from untaxed “unrealized gains.” The article explains that while ordinary workers pay roughly 40 % of their earnings in federal, state and payroll taxes, billionaires can let appreciated assets swell without ever triggering income tax, effectively paying zero on most of their wealth. A genuine wealth tax would treat that appreciation like ordinary income, recapturing a large share of the revenue already lost to the public treasury and reducing the outsized political influence that billionaires fund through massive lobbying. It also notes that a modest 5 % levy would barely dent fortunes built on untaxed gains and calls for broader reforms—such as a federal Billionaire Minimum Income Tax and similar state initiatives—to address systemic inequality and ensure the ultra‑wealthy contribute at rates comparable to everyone else. Read more: https://www.latimes.com/opinion/story/2026-05-23/why-billionaires-shouldnt-fuss-over-wealth-tax #WealthTax #UnrealizedGains #BillionaireTax #TaxReform #EconomicInequality
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