🌐 Entity

Wealth tax

Tax on an entity's holdings of assets

📊 Rating

4 news mentions · 👍 0 likes · 👎 0 dislikes

📌 Topics

Economic Policy (1)
Social Justice (1)
Taxation (1)
Fiscal Policy (1)
Economic Theory (1)
Wealth Inequality (1)
Economy (1)
Politics (1)
European Union (1)
Tax Policy (1)
Technology (1)
Social Activism (1)

🏷️ Keywords

Wealth tax (3) · Billionaires (2) · Income inequality (1) · Los Angeles Times (1) · Fiscal policy (1) · Social services (1) · Financial reform (1) · Capital flight (1) · Fiscal responsibility (1) · California ballot initiative (1) · Unrealized gains (1) · Billionaire tax (1) · Economic stagnation (1) · Hungary (1) · Tisza party (1) · Peter Magyar (1) · Euro adoption (1) · Viktor Orban (1) · Economic reform (1) · Jason Calacanis (1)

📖 Key Information

A wealth tax (also called a capital tax or equity tax) is a tax on an entity's holdings of assets or an entity's net worth. This includes the total value of personal assets, including cash, bank deposits, real estate, assets in insurance and pension plans, ownership of unincorporated businesses, financial securities, and personal trusts (a one-off levy on wealth is a capital levy). Typically, wealth taxation often involves the exclusion of an individual's liabilities, such as mortgages and other debts, from their total assets.

📰 Related News (4)

🇺🇸 Our systems already benefit the rich. They can afford a few more taxes (2026-02-10)
'A one-time 5% tax on $1 billion would leave the taxpayer a mere $950 million. Hardly abject poverty,' writes an L.A. Times reader....
🇺🇸 What’s behind these wild new wealth-tax proposals? (2026-02-05)
Claims that taxing the rich in California, New York City and Illinois will “only hit billionaires” don’t hold water. That’s just not how economics wor...
🇺🇸 Hungary’s opposition Tisza promises wealth tax, euro adoption in election programme (2026-02-07)
🇺🇸 An AI startup founder says he’s planning a ‘March for Billionaires’ in protest of California’s wealth tax (2026-02-07)
The organizer of the event swears it's not a joke....

🔗 Entity Intersection Graph

People and organizations frequently mentioned alongside Wealth tax:

🌐 Billionaire (2 shared articles)
👤 Jason Calacanis (1 shared articles)
🌐 California (1 shared articles)
👤 Silicon Valley (1 shared articles)
🌐 Enlargement of the eurozone (1 shared articles)
👤 Péter Magyar (1 shared articles)
🌐 Hungary (1 shared articles)
🌐 Fiscal policy (1 shared articles)
🌐 Income distribution (1 shared articles)
👤 Los Angeles Times (1 shared articles)

Точка Синхронізації