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Articles for Wyden, search results for wealth

Jared Kushner's financial ties to Saudi Arabia fall under fresh scrutiny
9 months ago

Jared Kushner's financial ties to Saudi Arabia fall under fresh scrutiny

Raw Story  

The Senate Finance Committee has launched an investigation into Jared Kushner's overseas business activities. Sen. Ron Wyden, who chairs the committee, asked Kushner's firm Affinity Partners for details about a $2 billion investment from the Saudi Arabian government’s Public Investment Fund in 2021 and funding from other foreign investors. “The Saudi PIF’s decision to invest $2 billion in Affinity so …

Investment Saudi Arabia Saudi Kushner Jared Kushner Wyden
Column: A billionaires tax is a necessity. Even the White House knows it
2 years, 11 months ago

Column: A billionaires tax is a necessity. Even the White House knows it

LA Times  

After years of largely theoretical discussion among Democrats, the idea of a billionaires tax has now become official policy. — President Biden, introducing his billionaires tax Biden has now made it mainstream, though his plan is somewhat more modest than the others — his proposal for a wealth tax would raise about $360 billion over 10 years, according to the …

Tax Wealth Taxes Proposal Pay Income Capital
Progressives want a wealth tax for the super rich. Here's why it's hard to pull off
3 years, 4 months ago

Progressives want a wealth tax for the super rich. Here's why it's hard to pull off

NPR  

Progressives want a wealth tax for the super rich. Yet many of these billionaires pay little in taxes, and that has sparked a big push by progressives for a "wealth tax." Wyden calls it a "billionaires tax," targeting the ultra rich as a way to help pay for President Biden's agenda. Collection is a challenge even if a wealth tax …

Tax Wealth Taxes Congress Pay Stock Musk
House Democrats Shy Away From Biden Tax Plan
3 years, 6 months ago

House Democrats Shy Away From Biden Tax Plan

Huff Post  

LOADING ERROR LOADING Democrats are frantically searching for new tax ideas that can unify the party and pay for President Joe Biden’s Build Back Better agenda. House Democrats unveiled a tax plan Monday that diverges from an earlier Biden proposal in key ways, offering a lower corporate tax rate than the president proposed and omitting a levy aimed at inherited …

Pay Capital Capital Gains Democrats House Biden Rate
Parents in college-admissions scandal got tax breaks. Outrage sparks calls for change
5 years, 11 months ago

Parents in college-admissions scandal got tax breaks. Outrage sparks calls for change

LA Times  

Tax breaks resulting from charitable donations to universities and colleges could be receiving new scrutiny in Washington after the largest admissions cheating scandal in U.S. history. “If the wealthy want to grease the skids, they shouldn’t be able to do so at the expense of American taxpayers.” His proposal comes after a federal investigation last week revealed a massive admissions …

Tax Admissions College Ucla Usc Wealthy Parents