Here are some of the many reasons the a direct tax on wealth might not work 👇
Sign Up
Some experts believe that a wealth tax like Warren’s proposal is more trouble administratively than it’s worth. The IRS, for instance, would have to figure out each year how much a number of hard-to-value assets are worth, like high-end art or a privately held company. But others aren’t so sure. Steve Rosenthal of the Urban-Brookings Tax Policy Center pointed to an 1895 Supreme Court precedent that essentially found that an income tax was unconstitutional, a ruling that supporters of a progressive income tax eventually went around by enacting the 16th Amendment.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
The Trouble With Taxing WealthTaxing wealth seems like a nearly surgical strike at inequality's most glaring manifestation, but it may not be efficient, writes greg_ip
Consulte Mais informação »
Even with measles outbreaks across the US, at least 20 states have proposed anti-vaccination billsCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Consulte Mais informação »
Data Really Is the New OilTech’s capital bills are outpacing even those of asset-heavy businesses like oil.
Consulte Mais informação »
A top analyst says Samsung's new iPhone rival is selling better than expected, even in ChinaTF Securities analyst Ming-Chi Kuo is bullish on Samsung's new Galaxy S10 and is upping his shipment estimates by as much as 30 percent.
Consulte Mais informação »
Review | For Stieg Larsson fans, a new voice — and an even darker side of SwedenNiklas Natt och Dag’s ‘The Wolf and the Watchman’ is a cerebral, immersive page turner.
Consulte Mais informação »
With Fox, Disney will have an even bigger footprint in HollywoodDisney’s long anticipated $71.3-billion acquisition of Fox will put the X-Men, Homer Simpson, the Avengers, Buzz Lightyear and Kylo Ren under the same roof, giving the Burbank company an unprecedented share of film and television franchises, and increasing leverage in Hollywood.
Consulte Mais informação »
President Trump somehow 'won' a golf tournament without even playing in itPresident Trump, via plaque at golf club, claims to have won a golf tournament he never actually played in via YahooSports
Consulte Mais informação »
Even if the rally stalls, BofA expects stocks to return to record territory this yearBank of America-Merrill Lynch's Stephen Suttmeier sees a near-term dip giving way to record upside.
Consulte Mais informação »