Leaders | An unrealisable idea
How to tax billionaires—and how not to
Closing loopholes would be a better bet than a levy on unrealised capital gains
Editor’s note (June 20th 2024): The Supreme Court has ruled in Moore v United States, upholding the tax at issue (the “mandatory repatriation tax”). The court declined to weigh in on the constitutionality of a tax on unrealised gains.
Leaders June 22nd 2024
- AI will transform the character of warfare
- The exponential growth of solar power will change the world
- Emmanuel Macron’s project of reform is at risk
- How to tax billionaires—and how not to
- Javier Milei’s next move could make his presidency—or break it
- India should liberate its cities and create more states
From the June 22nd 2024 edition
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