Proposal to stop billionaires avoiding income tax could raise several hundred billion dollars
The rationale behind such a system is to stop the ultrawealthy from lowering the amount of tax they owe by being paid in stock options rather than a salary. Those stocks would be taxable under the proposal.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Elon Musk’s driverless car dream threatens Tesla’s $1 trillion value🚗 'Tesla’s approach, of giving users the technology and ironing out the kinks later, may be typical in Silicon Valley, but it is not one that translates well when lives are at stake' | Writes jamestitcomb
Read more »
Tesla rolls out updated version of its Full Self-Driving system AGAINTesla rolled out version 10.3 of its Full Self-Driving software Saturday evening, but within hours, CEO Elon Musk tweeted that issues were discovered and cars were put back to 10.2.
Read more »
Elon Musk’s driverless car dream threatens Tesla’s $1 trillion value🚗 'Tesla’s approach, of giving users the technology and ironing out the kinks later, may be typical in Silicon Valley, but it is not one that translates well when lives are at stake' | Writes jamestitcomb
Read more »
UK could gain £16bn a year if shares and property were taxed like salariesExclusive analysis of 540,000 wealthiest individuals in the UK shows effects of low capital gains tax
Read more »
Biden condemns ‘acolyte of Trump’ in crucial Virginia governor’s raceAt rally for Democrat Terry McAuliffe, president paints tight election as referendum on his own tenure
Read more »