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Browsing: tax
Rich families are gifting more generously and earlier in life to avoid inheritance tax on pensions
By m1ifk
Wealthy families are giving away more money earlier in life to avoid getting slapped with inheritance tax on pensions from spring 2027, a new survey reveals.Nearly…
There’s an old saying: Those who can, do; those who can’t, teach. A similar idea underscores the debate over wealth taxes in California and elsewhere: Those…
Should billionaires pay more tax? Californians will vote for whether to introduce a billionaire tax in November. In the United Kingdom, economists recently called for a…
California’s Billionaire Tax Is Officially on the Ballot. Here’s How Much of the National Debt 100% of Every American Billionaire’s Wealth Would Actually Cover.
By m1ifk
California’s Secretary of State certified the 2026 Billionaire Tax Act for the November 3, 2026 ballot on June 25, 2026, teeing up the country’s first statewide…
Bernie Sanders Calls Out Sergey Brin for Spending $100 Million to Defeat California’s Billionaire Tax as Google Co-Founder’s Fortune Soars
By m1ifk
Sen. Bernie Sanders (I-Vt) criticized Alphabet‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google co-founder Sergey Brin for his efforts to oppose California’s proposed billionaire tax, highlighting the wealth he amassed since President Donald Trump‘s election.On Tuesday, Sanders…
Google co-founder Sergey Brin spends over $100m fighting California’s billionaire tax, sparks online debate
By m1ifk
Google co-founder Sergey Brin’s latest donation has reignited debate over billionaire wealth and taxes Google co-founder Sergey Brin has found himself at the centre of a…
Charles Koch would benefit massively if Trump’s 2017 tax cuts are made permanent—but his cronies want you to believe it’d be good for all Americans. David…
California family offices with clients at or near the $1 billion net worth threshold should be monitoring Proposition 40, the 2026 Billionaire Tax Act, which has…
Google quadruples Miami office space as Larry Page, Sergey Brin flee Calif. ahead of billionaire tax: report
By m1ifk
Google’s parent company Alphabet has reportedly more than quadrupled its office space in Miami this year after co-founders Larry Page and Sergey Brin bought mansions in…
Voters in California will decide in November whether to impose a one-time, 5% tax on residents and trusts with a net worth of more than $1…