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Taxing Wealth Makes Sense, But It Won’t Fix Our Economy

· time.com · popularity 43/100 · 0 similar stories today · Retirement & Estate Planning (Money, Markets & Investing)

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Summary

In June, Elon Musk became the world's first trillionaire when SpaceX began trading on the Nasdaq. Now, the U.S. midterms are here, and wealth taxation is on the ballot. Californians are set to vote on Proposition 40, which would take 5% of fortunes above $1 billion, once, and send nine-tenths of the …

Found in: Time, TIME. Rating basis: single outlet; outlet tier 4; 2 feeds; listed 2 times; feed position 1.