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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Lessons from the failure of Northvolt
Governments blew billions on a battery champion. Time to welcome foreign investors instead
How to make a success of peace talks with Vladimir Putin
The key is robust security guarantees for Ukrainians
Javier Milei: “My contempt for the state is infinite”
Argentina’s president is idolised by the Trumpian right. They should get to know him better
Tariff threats will do harm, even if Donald Trump does not impose them
The risk of a trade war is uncomfortably high
Peace in Lebanon is just a start
Donald Trump must build on Joe Biden’s belated success
From Nixon to China, to Trump to Tehran
Iran is weak. For America’s next president that creates an opportunity