Government ❯ Politics ❯ Public Policy ❯ Taxation

Wealth Tax

California Voters Face Proposition 40, a One-Time 5% Tax on Billionaires

Retroactive to Jan. 1, 2026, the levy is designed to limit avoidance.

Academics Propose 2% Annual Charge on Households Worth More Than £100m

California Ballot Will Decide One‑Time 5% Tax on Billionaires

Andy Burnham Nears No. 10 After Overwhelming Labour Backing

California Billionaire Tax Heads to November Ballot

Hochul and Mamdani Propose Tax on Luxury Second Homes to Help Close NYC Budget Gap

Mamdani Defends Luxury Home Surtax After Trump Attack

Hochul and Mamdani Propose NYC Surcharge on $5 Million Second Homes

New York Mayor Unveils Pied-à-Terre Tax on Nonresident Luxury Homes

New York Legislature Backs Higher Taxes for NYC in One-House Budgets, Setting Up Clash With Hochul

Backlash Grows to Mamdani’s $127 Billion NYC Budget and 9.5% Property‑Tax Threat

Senate Data Show Over 13,000 Property‑Wealthy Households Owe No Income Tax in 2024

Mamdani Presses Tax Hikes to Close NYC’s $12B Gap, Warns of Cuts if Albany Won’t Help

Hochul Unveils $260 Billion Budget Without Income-Tax Hike

Newsom Escalates Fight Against California’s Proposed Billionaire Wealth Tax

Swiss Voters Reject National Service Expansion and 50% Inheritance Tax for Climate

French Senate Blocks Forced Loan on Wealthy, Rewrites Key Taxes as 2026 Budget Fight Deepens

Reeves Lines Up Welfare Boosts and Targeted Levies Ahead of Wednesday’s Budget

Reeves Prepares Budget Focused on Living Costs, Tax Threshold Freezes and Targeted Levies

Reeves Poised to Extend Tax Freeze and Cap Salary Sacrifice as Pensioners Near Tax Net