Sergey brin beats California Billionaire Tax, but 3 federal proposals target the rich
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Sergey Brin fought against California's proposed wealth tax, contributing significantly to the campaign against it. The political landscape in Washington is shifting as Democrats emphasize taxing billionaires following their midterm victories. Several proposals are gaining attent...
Sergey Brin fought against California's proposed wealth tax, contributing significantly to the campaign against it. The political landscape in Washington is shifting as Democrats emphasize taxing billionaires following their midterm victories. Several proposals are gaining attention, including changes to carried-interest taxation and annual taxes on large trusts. Another prominent proposal targets the 'buy, borrow, die' strategy to increase revenue from wealthy individuals.
Original Source
https://timesofindia.indiatimes.com/technology/tech-news/google-founder-sergey-brin-wins-battle-against-tax-that-made-many-billionaires-flee-california-but-clock-may-have-started-ticking-again-as-these-three-tax-proposals-target-rich/articleshow/135598813.cms
