The proposed California wealth tax has no antecedents in the United States. European countries, by contrast, have spent decades experimenting with wealth taxes and their experience, which has been ...

Forbes contributors publish independent expert analyses and insights. Nathan Goldman is a tax prof. at NC State Univ. Politicians have continued to call for higher taxes on wealthy taxpayers as a ...

Backers project, based on Forbes’ billionaires list, that the tax would raise $4.4 trillion over ten years for childcare, housing and a $3,000 per person check to many Americans. Congress and the ...

Not many people enjoy paying taxes. But many voters don’t see a problem taxing the superrich and making them pay their “fair share.” One way is to increase income taxes. There’s also the option for an ...