Tag Archives: rich
Biden to Propose Taxing America’s Wealthiest, 25%
US President Joe Biden will make a call to Congress to impose a minimum tax on billionaires as part of several proposed tax hikes on the country’s wealthiest individuals and corporations. The minimum tax imposed would be 25%. The proposed … Continue reading
Tax the Rich Movement – Fails in California But Passes in Massachusetts
A measure was recently voted through in Massachusetts that is ultimately a measure that raises taxes on the States’ millionaires. There was an intense duel between the state’s unions and wealthy individuals, but the measure to raise the taxes on … Continue reading
How the Rich Will Protect Themselves From The Estate Tax in 2026
Currently, the amount of money that wealthy Americans can shield from estate taxes in 2022 is at historic highs. Up to $12 million can be protected for individuals, and double that for married couples. However, that is all set to … Continue reading