Swiss voters have decisively rejected a proposed tax on the super rich designed to raise funds for climate change initiatives. The initiative, led by the Young Socialists, sought to impose
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Rachel Reeves, the Chancellor, is preparing to deliver her second budget amid calls for greater taxation of the wealthiest individuals in the United Kingdom. Political opponents, including leaders from the
Meta chief Mark Zuckerberg, valued at an estimated $208 billion or £159 billion, could soon face an unexpected £8 billion bill due to a proposed billionaire tax in California. The
Chancellor Rachel Reeves is facing mounting pressure to introduce a one-off wealth tax as she seeks to address a significant black hole in the government’s finances while upholding Labour’s manifesto
Rachel Reeves, the Chancellor, is set to call upon wealthier individuals to contribute more in taxes as she faces a significant financial shortfall in the public finances. According to Treasury
The French political landscape is being reshaped by a fierce debate over a proposed wealth tax that has captured the nation’s imagination and could destabilise its current government. Prime Minister
The billionaire owner of LVMH, Bernard Arnault, has voiced strong opposition to France’s proposed wealth tax, warning that its introduction could significantly damage the nation’s economy. Arnault, currently the richest
Vladimir Putin is poised to increase the financial burden on Russia’s wealthiest citizens, with new tax proposals aimed at funding the protracted war effort in Ukraine. As Russia’s fiscal pressures
Amancio Ortega is not a household name on Teesside. Yet the Spanish billionaire behind global fashion giant Zara has reshaped the landscape with a £95 billion family office, Pontegadea Inversiones.
Britain stands at a potential turning point in its approach to wealth and fairness. A group of leading economists, including renowned French authority on inequality Thomas Piketty and Indian development
Chancellor Rachel Reeves is under mounting pressure as she navigates a complex economic landscape. Her recent remarks have ignited debates surrounding potential tax increases and the looming threat of capital
Britain has seen more billionaires leave its shores than any other country over the past two years, sparking concerns that additional departures could follow if a wealth tax is introduced.
The Labour government has sparked controversy by refusing to rule out the introduction of a wealth tax targeting Britain’s wealthiest individuals, despite strong warnings from tax experts about potential negative
Britain’s second-largest trade union, Unite, is urging the new Labour government to introduce an emergency 1% wealth tax on the assets of the super-rich. The proposed tax would be applied
The price of gold has reached a new all-time high, with spot gold surpassing $2,525 per ounce this morning. This unprecedented surge in value means that a standard bar of
As Chancellor Rachel Reeves grapples with a £22 billion shortfall in public finances for the 2024-25 fiscal year, speculation is mounting that she may turn to capital gains tax (CGT)
