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Wealth redistribution. Use steeply progressive taxes on income, corporations and inheritances, and public spending, to reduce economic inequality. News, bills and events on this topic
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Unveiled today: first politically viable wealth tax Reports on the launch of a campaign for a one-time tax on California billionaires, framed by backers as a politically realistic model for taxing extreme wealth. Source: The American Prospect prospect.org/2025/10/23/unveiled-today-first-po… (link to prospect.org)
Links: prospect.org
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California's billionaire wealth tax heads toward voters A labor-backed California measure would levy a one-time 5% tax on billionaires' net worth, with most proceeds earmarked for health care. Opponents are organizing against it as the November ballot approaches. Source: The Christian Science Monitor csmonitor.com/USA/Politics/2026/0713/wealth-tax… (link to csmonitor.com)
Links: csmonitor.com
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United Airlines CEO faces rightwing backlash after calling for US wealth tax United Airlines CEO Scott Kirby faces rightwing backlash after calling for a national wealth and inheritance tax, saying wealth inequality is a danger to society. Source: The Guardian US theguardian.com/business/2026/oct/20/scott-kirb… (link to theguardian.com)
Links: theguardian.com