Wealth Protection

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Billionaires Are Selling Mega-Sized Stock Blocks After Surge

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The ultra-wealthy are massively selling stocks in May.

Wall Street's Fringes Draw IRS Ire Over Green 'Tax Scam' Sales

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The IRS is cracking down on syndicated land deals that it says are actually abusive tax shelters.

Lower-Tax Southern States Luring The Wealthy, Spectrem Says

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Investors with more than $24 million are becoming more concerned about taxes.

Melinda French Gates Gets Billions In Shares From Cascade

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Gates, who is ending her marriage to Bill Gates, has so far received $2 billion, including stock in two Mexican companies.

Biden's Tax-And-Spend Plans Are Big, But Wealth Gaps Are Bigger

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The U.S. wealth divide widened further during the pandemic, as the top 1% of households added $4 trillion in net worth.

Wealthiest Americans Get $195 Billion Richer In Biden's First 100 Days

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The most recent gains have been fueled by the continued rise of the stock market since Biden was sworn in Jan. 20.

Biden's Capital Gains Hike Could Sweeten This Trump Tax Break

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Opportunity zone investments could be a tool for evading capital gains taxes.

Rich Americans Who Were Warned On Taxes Hunt For Ways Around Them

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Investors might also avoid the higher tax rates by holding onto assets. They also might rush to sell.

Biden's 1970s-Era Taxes On Rich Collide With GOP And SALT Rebels

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Some Democratic moderates, such as Sen. Joe Manchin of West Virginia, want to limit the size of the tax increases.

Biden Eyeing Capital Gains Tax As High As 43.4% For Wealthy

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His proposal would almost double the capital gains tax rate for wealthy individuals, adding to an investment income surtax.

Leon Cooperman Won't Attend Elizabeth Warren's Tax Hearing, But Will Watch It

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Cooperman called Warren's invitation "self-serving and disingenuous."

Billionaire James Dyson Switches Back To U.K. From Singapore

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Dyson, a prominent Brexit supporter, faced criticism from U.K. lawmakers for relocating his company.

Democrat Clyburn Urges Scrutiny Of Impact Of Lifting SALT Cap

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Democrats are far from united regarding the fate of the SALT deduction cap.

Hedge Funds Are Ready To Get Out Of New York And Move To Florida

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New York was struggling to keep some of the world's richest people and their firms even before they faced tax hikes.

Democrats' Tax-Hike Bet Relies On Their New $500,000-Plus Voters

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Democrats now represent 65% of taxpayers with a household income of $500,000 or more.

Nobel Economist Warns Against Wealth Tax To Pay For Pandemic

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Not only are wealth taxes difficult to implement, the ultra-wealthy are likely to find ways to avoid them.

How A Secretive Family Stash Could Help Pay One Of The World's Biggest Tax Bills

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This trove of art worth billions has become embroiled in the tax woes of the Samsung dynasty.

The Richest New Yorkers Could Be Hit With A Top Tax Rate Of Over 50%

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State lawmakers and Andrew Cuomo reached an agreement to raise taxes as part of a $212 billion budget deal.

For The Rich, Living In Asia Is Costlier Than Anywhere Else

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Shanghai has overtaken Hong Kong as the priciest city in the world.

Tax-The-Rich Initiatives Gain Support Across Latin America

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The world's most unequal region is struggling to recover from its worst recession in two centuries.

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