Wealth taxes as democratic safeguard, an intriguing idea. How could we do that in the U.S. despite the weird constitutional constraints we have on federal taxing power? Someone should write a book. Or, I dunno, at least a really long think tank report.
rooseveltinstitute.org/publications...
Learn about the Fair Share Tax (FAST), a practical, constitutionally sound plan to tax the ultrarich, close loopholes, and prevent dynastic wealth accumulation.
OIne of the more surprising pieces of news. Hungary, under a center right prime minister, might be the first European country to impose a wealth tax since the 1980s
www.theguardian.com/world/2026/j...
www.theguardian.com
New PM Péter Magyar calls policy a sign of ‘social justice’ after years of political loyalty being rewarded with economic opportunity