#wealthtax

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Don't feed the #trolls But if you're #AngieNixon, whose campaign pledges are #universalHealthCare, a #wealthTax, a #minimumWage of $25 per hour, etc... and #MAGA hecklers show up at her #bookstore Cafe #Resistance: Give them a crash course in #BlackHistory 💪 Nixon won the #Democrats #primary for the #Senate special election in #Florida and is a member of the #DemocraticSocialistsOfAmerica and the #WorkingFamiliesParty Oh yeah: #VOTE How do you think Nixon got here? Take her all the way
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Report: Nobel Prize-Winning Economists Back Billionaire Tax in California Economist Joseph Stiglitz said that "a one-time 5% tax on billionaire residents of California could kickstart wealth distribution in the US & across the world." During the 2000 federal election cycle, billionaire political donations made up only 1% of the total - compared to 19% by 2024. https://novaramedia.com/2026/09/21/nobel-prize-winning-economists-back-first-billionaire-tax-in-us/#USPol #EUPol #CAElection #WealthTax #news #oligarchy #democracy .
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The Green Party of England & Wales has committed itself to a Wealth Tax... 'A wealth tax isn’t about punishing success – it’s about rebalancing the scales & asking those who have gained the most from our country to contribute their fair share'! And if you're interested how the party came to that policy (and conclusion) here is their official statement on a wealth tax. #WealthTax #politicshttps://greenparty.org.uk/2026/09/14/the-wealth-tax-creating-a-fairer-greener-economy/
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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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#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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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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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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