At what point do the wealthy start heading for the exit doors and expand their legal tax avoidance strategies? It is when government creates a tipping point of taxing them too much. This week, President Biden has proposed to double… Read More ›
Back on December 28, I shared four charts for the explicit reason that I wanted everyone to understand that average living standards in the western world have skyrocketed over the past few centuries. I could have used that data to… Read More ›
The annual ranking of the richest women, produced by Forbes magazine has just been published. And singer Rihanna is in it! Each year, Forbes magazine establishes different rankings , highlighting the world’s greatest fortunes. And guess what, Forbes just made their annual list of… Read More ›
The Center for Freedom & Prosperity (CF&P) Foundation has published a new paper titled, “The Economic Effects of Wealth Taxes.” Authored by John Diamond and George Zodrow of Rice University, the paper considers the significant economic damage that would occur if lawmakers adopted a wealth tax of between 2 percent-6 percent. Such a plan, modelled after the proposal from Senator Elizabeth Warren, is likely to be part of next year’s post-election tax agenda.
Is money an important factor for millionaires when they look for their potential partners? To help people have a better idea on this, MillionaireMatch.com, the largest millionaire dating site where users can connect with successful and wealthy people while searching… Read More ›