The Wealth Tax as The Trojan Horse to Curtail Charitable Incentives?

The accelerating hole in each revenue and wealth inequality has attracted dialogue alongside the 2020 presidential marketing campaign path in addition to within the common press. The highest 1 % of revenue earners owns 22 % of nationwide revenue.1 The richest 5 % of wealth holders owns two-thirds of America’s wealth.2 Senator Elizabeth Warren (D-Mass.) has proposed a tax of two % on wealth over $50 million and three % on property over $100 million.three Consultant

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