wealth tax

Washington – In a series of regulatory moves announced this week, the U.S. Treasury Department and the Internal Revenue Service (IRS) have unveiled a set of rule changes that are projected to shave off hundreds of billions of dollars in taxes for some of the nation’s largest corporations and the...

As economic inequality continues to widen and government debt levels soar, a growing number of countries are considering implementing a wealth tax to tackle the issue. France, in particular, has been embroiled in a heated debate over the proposal, with proponents and critics locked in a fierce battle. But is...