Opinion | Tax the Rich and Their Heirs (Published 2020)
How to tax inheritances more fairly. A massive transfer of wealth is underway and will accelerate in the coming years. Baby boomers and the generation that preceded them currently own $84 trillion, or 81 percent of all U.S. household wealth — wealth that will before long be inherited by their …
More stories from Inheritance
More stories from Money
- Flipboard Canadaflipped into Technology
- The Globe and Mailflipped into Business
Federal budget hikes tax on companies, individuals making more than $250,000 in capital gains
The federal government is increasing the capital gains tax for wealthy individuals and companies, although lowering the tax rate for some entrepreneurs who sell their businesses. The federal budget, released Tuesday, increases the inclusion rate on capital gains above $250,000 from one-half to …
- Kam Meyerflipped into Random Tidbits
How Did O.J. Simpson Avoid Paying the Brown and Goldman Families?
And now that he’s died, will the families of Nicole Brown Simpson and Ron Goldman be able to collect on the 1997 civil judgment? The name O.J. Simpson …
Join the flipboard community
Discover, collect, and share stories for all your interests
Sign upMore stories from Social Justice
NYC Migrants Are Being Welcomed by Kansas City’s Mayor to Fill Jobs
The mayor of Kansas City, Missouri, has a message for migrants eager to leave New York City’s shelters: Come find a job here. Construction and …
- LGBTQ Nationflipped into LGBTQ Nation
All of Kentucky’s anti-LGBTQ+ bills just failed
The Republican dominated legislature adjourned without passing a single one. The Kentucky General Assembly adjourned this morning, and all ten bills …
- The New York Timesflipped into Politics
Biden Bashes Trump as a Pawn of Billionaires as He Lays Out His Tax Plan
Speaking in Scranton, Pa., his hometown, the president used a speech about economic fairness as a new avenue of attack against his Republican rival, who was in a courtroom two hours away. President Biden delivered a flurry of attacks on former President Donald J. Trump during a Tuesday speech in …