wealth tax

The Supreme Court’s Search For An Off-Ramp In the Moore Case

Yesterday’s oral arguments in Moore v. United States made one thing clear: The Supreme Court has little interest in blowing up the tax code. While...

December 6, 2023Howard Gleckman

Individual Taxes: TaxVox

How Democrats Who Want To Tax The Very Wealthy Are Taking A Page From Thomas Paine

Did President Biden and other Democrats read 18 th century revolutionary Tom Paine before they proposed their taxes on extreme wealth? Hard to know, but...

May 10, 2022Howard Gleckman

Individual Taxes: TaxVox

The Many Ways To Tax The Rich

How to tax the rich? Let us count the ways. New taxes on capital income? Higher income tax rates? A wealth tax? Some mash-up of...

March 31, 2022Howard Gleckman

Business Taxes: TaxVox

Wyden’s Billionaire Income Tax Is Ambitious But Problematic

Senate Finance Committee Chairman Ron Wyden (D-OR) likes to say : “There are two tax codes in the United States: one for workers who pay...

October 25, 2021Steven M. Rosenthal

Individual Taxes: TaxVox

Want To Know Why A Wealth Tax Won’t Work? Remember The Time Michael Jackson’s Estate Landed in Tax Court

If you want to know why a wealth tax would be an administrative nightmare, take a look at the dispute over the estate of pop...

July 12, 2021Howard Gleckman

Federal Budget and Economy: TaxVox

How Could the United States Pay for Reparations?

A few years ago, Ta-Nehesi Coates wrote a powerful essay, “The Case for Reparations” for The Atlantic . Reparations, he affirmed, would help close the...

February 3, 2021Janet Holtzblatt Noah Zwiefel

Individual Taxes: TaxVox

Should Wealth Taxes Pay For Coronavirus Relief And Recovery?

I look forward to the day when the economy is strong enough that we can worry about the gigantic debt left behind by federal relief and recovery efforts.

May 28, 2020Janet Holtzblatt

Campaigns, Proposals, and Reforms: TaxVox