Tax the rich has become a rallying cry for progressives ... Roth IRAs limit direct contributions from high-income individuals – defined in 2021 as those earning more than $140,000 for single ...
Rather than argue about tax rates of the super-rich, policymakers would do well to focus on how best to collect taxes on the trillions of dollars that escape income taxation permanently.
Democrats face a looming deadline to pass an infrastructure package before the end of September — and they're still squabbling over how to pay for it. Many of the solutions are simple.
Each of the 60 individuals had an income of at least £50m a year in 2021/22 ... There is concern tax rises in this month's Budget could prompt an exit of the super-rich, hurting UK finances.
A man walks in front of a building lit up in the colors of India’s national flag in Mumbai, India, Aug. 14, 2021. — REUTERS NEW DELHI — India should do more to tax its super-rich given its high levels ...