wealth tax
Progressives aim again at wealth confiscation
Editors at National Review Online tackle the latest misguided taxation ideas from the political left. It’s the 2020 Democratic primaries all over again. Just as they were then, progressives are trying to one-up each other…
Uber co-founder latest billionaire to drive out of California
Nina Joudeh writes for the New York Post about another successful Californian who has fled the state. Uber co-founder Travis Kalanick says he has traded California for Texas, joining a growing list of billionaires abandoning…
Sanders, Khanna seek $4.4 trillion tax increase
Ira Stoll writes for the Washington Free Beacon about the latest bad idea on Capitol Hill. Sen. Bernie Sanders, socialist of Vermont, and Rep. Ro Khanna, a Democrat from California best known for trafficking in…
Wealth tax as unconstitutional taking
Philip Hamburger explains why California’s proposed wealth tax strays from constitutional boundaries. California’s proposed billionaire tax is unconstitutional. The ballot initiative calling for one-time retroactive 5% tax on…
Billionaires find spots to evade California’s wealth tax
Katie Jerkovich writes for the New York Post about the steps billionaires are taking to avoid a new California tax. Big-money billionaires, including Larry Ellison and Sergey Brin, are flocking to ritzy little enclaves at the…
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