Last Friday, The Wall Street Journal published an alarming Op-Ed piece concerning a California Bill, AB 2088, that would impose a wealth tax on any person who spends more than 60 days inside the state’s borders in a single...more
The California Legislature recently resumed discussion of enacting a new California wealth tax. If A.B. 2088 (referred to as the “Wealth Tax Act”) is enacted, a 0.4% tax would be imposed annually on the worldwide net worth of...more
Recently, several of the presidential candidates and other prominent Democrats have suggested a number of different tax policy proposals, including wealth taxes, mark-to-market taxation, a VAT, additional taxes, increased...more