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Here we go again – California's Gavin Newsom wants to impose a retroactive 5% wealth tax on billionaires, because apparently watching taxpayers flee at a rate of one per minute isn't fast enough. This brilliant plan targets the 220 most financially mobile people in the state, the same folks who can literally pack up and leave tomorrow – just like Jeff Bezos did when Washington State decided to squeeze him for a billion dollars.We break down the insanity of California's latest revenue grab, compare it to similar failed policies in Seattle and Chicago, and examine the real numbers: every 2 minutes, Texas and Florida each gain a new taxpayer while blue states hemorrhage residents. From $20 fast food wages eliminating 19,000 jobs to gas prices hitting $5.59 in Seattle versus $2.15 in red-state Oklahoma, the pattern is crystal clear.Do you think billionaires will just bend over and take it, or follow Bezos to Florida? How long before the last taxpayer turns off the lights in California? Hit subscribe if you're tired of watching politicians slit their own throats with virtue-signaling tax policies that drive away the very people funding their bloated budgets!
In this episode, Dominic Bowen and Susannah Streeter discuss France's increasing fiscal challenges, recent credit downgrades, and the political gridlock complicating meaningful political reform. Find out more about how markets are reacting to rising public debt, the renewed debate over wealth taxes, and the risk of broader European contagion. The conversation also addresses the growing economic divergence between the US and Europe, alongside shifting investor sentiment. Finally, they explore key geopolitical flashpoints -from China–Taiwan tensions to Arctic competition- and their implications for global risk.Susannah Streeter is a renowned financial commentator, international broadcaster, and former BBC business anchor known for translating complex global trends into clear, actionable insights. She has led money and markets analysis for the UK's largest retail investment platform and appears widely across outlets such as the BBC, The Wall Street Journal, Bloomberg, and CNBC. Fluent in English and French, Susannah is a sought-after keynote speaker and conference chair who moderates high-level discussions on economics, geopolitics, climate policy, and technological disruption at events worldwide—from the World Green Economy Summit and Arctic Frontiers to major OECD and Paris Club forums. A former RAF Squadron Leader, she brings a deep understanding of defence and strategic issues, complementing her expertise in financial markets, AI, and macroeconomics. She also hosts leading investment and technology podcasts, writes columns for The Evening Standard and City AM, and has received multiple Headlinemoney Awards for her impactful financial analysis.The International Risk Podcast brings you conversations with global experts, frontline practitioners, and senior decision-makers who are shaping how we understand and respond to international risk. From geopolitical volatility and organised crime to cybersecurity threats and hybrid warfare, each episode explores the forces transforming our world and what smart leaders must do to navigate them. Whether you're a board member, policymaker, or risk professional, The International Risk Podcast delivers actionable insights, sharp analysis, and real-world stories that matter.Dominic Bowen is the host of The International Risk Podcast and Europe's leading expert on international risk and crisis management. As Head of Strategic Advisory and Partner at one of Europe's leading risk management consulting firms, Dominic advises CEOs, boards, and senior executives across the continent on how to prepare for uncertainty and act with intent. He has spent decades working in war zones, advising multinational companies, and supporting Europe's business leaders. Dominic is the go-to business advisor for leaders navigating risk, crisis, and strategy; trusted for his clarity, calmness under pressure, and ability to turn volatility into competitive advantage. Dominic equips today's business leaders with the insight and confidence to lead through disruption and deliver sustained strategic advantage.The International Risk Podcast – Reducing risk by increasing knowledge. Follow us on LinkedIn and Subscribe for all our updates!Tell us what you liked!Tell us what you liked!
Chris Hipkins says coalitions require a balance of compromise and standing by values. The Labour leader says New Zealanders understand the nuances of MMP and the reality that parties can't get everything they want. He says that means parties often can't accomplish as much as they hoped. But Hipkins told Kerre Woodham some things will be bottom lines. Hipkins says an example of that is his commitment not to have a wealth tax, which he intends to hold to. Hipkins isn't laying out his plan for interest deductibility but says he hears landlords' argument for it. National brought back the scheme after Labour removed it in 2021, but its fate is still unclear if Labour makes a comeback in 2026. Hipkins told Woodham the decision will come out next year in Labour's alternative budget. He says he's heard from landlords who couldn't continue renting out properties after Labour's change in 2021. WATCH ABOVESee omnystudio.com/listener for privacy information.
With the budget just days away, Rachel Reeves is facing yet another black hole in the public finances - after ditching plans to raise income tax, it's been widely reported that the government will go for a “smorgasboard” of tax rises and spending cuts to plug the gap, but critics on the left and right say it won't address the deeper structural rot in Britain's economy. So on this episode of The Fourcast, Krishnan Guru-Murthy is joined by two economists with radically different visions for how to turn the country around. James Meadway, host of the Macrodose podcast and former economic adviser to John McDonnell, argues inequality is choking growth and that only a major reset of wealth, investment and a green industrial strategy can revive the UK. Catherine McBride served on the last government's Trade and Agricultural Commission and she thinks the real problem is over-regulation, high taxes and net-zero. And Channel 4 News' economics correspondent Helia Ebrahimi also joined the pod to cut through the political noise - and test whether any of their ideas actually add up.
A heated debate that every Kiwi needs to hear - Wealth Tax vs Capital Gains Tax.Matt, James and Mike down how each tax actually works, the real-world impact on homeowners, investors, retirees, and business owners, and why timing, fairness, and economic stability matter more than political noise.For more money tips follow us on:FacebookInstagramThe content in this podcast is the opinion of the hosts. It should not be treated as financial advice. It is important to take into consideration your own personal situation and goals before making any financial decisions.
John Maytham speaks to Oxfam’s Amir Bagherioromi about a recent survey, showing SA’s dollar millionaires supporting a 2 percent wealth tax. Presenter John Maytham is an actor and author-turned-talk radio veteran and seasoned journalist. His show serves a round-up of local and international news coupled with the latest in business, sport, traffic and weather. The host’s eclectic interests mean the program often surprises the audience with intriguing book reviews and inspiring interviews profiling artists. A daily highlight is Rapid Fire, just after 5:30pm. CapeTalk fans call in, to stump the presenter with their general knowledge questions. Another firm favourite is the humorous Thursday crossing with award-winning journalist Rebecca Davis, called “Plan B”. Thank you for listening to a podcast from Afternoon Drive with John Maytham Listen live on Primedia+ weekdays from 15:00 and 18:00 (SA Time) to Afternoon Drive with John Maytham broadcast on CapeTalk https://buff.ly/NnFM3Nk For more from the show go to https://buff.ly/BSFy4Cn or find all the catch-up podcasts here https://buff.ly/n8nWt4x Subscribe to the CapeTalk Daily and Weekly Newsletters https://buff.ly/sbvVZD5 Follow us on social media: CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
This week's show features stories from France 24, Radio Deutsche-Welle, NHK Japan, and Radio Havana Cuba. http://youthspeaksout.net/swr251107.mp3 (29:00) From FRANCE- Beginning with a Press Review on how left-leaning European leaders are inspired by the way Mamdani developed his campaign in NYC. Following government plans for more austerity programs and cuts in the pension program, wealth taxes were proposed on the assets of French citizens owning over 100 million Euros- not an income tax but a tax on possessions. 86% of the French population supported the idea, the Parliament came up with a lite version, and then failed to pass any wealth tax at all. This week was the start of the 30th annual UN Climate Change Conference, or COP 30 being held in Brazil. At a preview meeting Brazilian President Lula da Silva expressed his goals in the meeting. From GERMANY- The hurricane disaster in Jamaica, stimulated by global warming, is an example of the importance of limiting greenhouse gas emissions. In the last 2 weeks many nations announced new climate goals. UN Secretary-General Guterres pointed out that the Paris Agreement goal is already a failure but should make countries get more serious not surrender. Then an analysis of the goals of COP 30 and the effect Trump not sending a delegation and calling climate change a hoax will have on the conference. From JAPAN- More than 5 feet of rain fell in parts of Vietnam in 24 hours, the most ever recorded in the country. In December Australia is going to start the ban on social media for those under 16. Following another Ukrainian bombing of a Russian oil port, Russia heavily bombed eastern Ukraine. From CUBA- Last weekend the US military bombed another boat in the Caribbean alleged to be carrying drugs to the US , bringing the death toll to at least 64- the UN has demanded the US stop these attacks. According to Ox-Fam the 10 richest Americans have increased their wealth by $700 billion since the January. Israel continues bombing in Gaza and has only allowed 24% of aid trucks agreed to to enter Gaza. Then a report on the proposals for rebuilding the Gaza Strip. Available in 3 forms- (new) HIGHEST QUALITY (160kb)(33MB), broadcast quality (13MB), and quickdownload or streaming form (6MB) (28:59) Links at outfarpress.com/shortwave.shtml PODCAST!!!- https://feed.podbean.com/outFarpress/feed.xml (160kb Highest Quality) Website Page- < http://www.outfarpress.com/shortwave.shtml ¡FurthuR! Dan Roberts "We in the West have deluded ourselves into believing that we actually have a truly free press. We don't. And we can see that in the difference between what Wikileaks does and what the rest of the press does." --Julian Assange Dan Roberts Shortwave Report- www.outfarpress.com YouthSpeaksOut!- www.youthspeaksout.net
This week - from vegan sea gulls to stunning football - the new study that destroys the fairy tales of Farage, Badenoch and even Octopus….The exit tax that gives a budget clue, poisonous tap water and what did privatisation ever do for us? Musk descends deeper into his hole …. and Reform's promises evaporate on contact. An awesome listener observation - a tale of two bacons in the Guardian ….and Dale fact checks himself - with FFS.
Roundup of the Week's Top Stories in Economics and FreedomInflation Slows Despite TariffsShutdown "Could go to 2027"Foodstamps Freeze for 42 MillionFrance to Impose "Wealth Tax"Amazon Lays off 600,000Read the full article "Federal Debt hits $38 Trillion" at https://www.profstonge.com/Visit our Sponsor: Monetary MetalsEarn 5% to 12% interest on your physical gold and silver, paid in physical gold and silver.Visit our Sponsor: CoinKiteProtect your Bitcoin with an Ultra-Secure Hardware WalletDisclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.Support the show
Socialist abstention killed citizenship tax by one vote. Lawmakers then rejected Zucman wealth tax.View the full article here.Subscribe to the IMI Daily newsletter here.
(0:00) Chamath and Jason welcome Pete Buttigieg (1:31) Why the Democrats lost tech (6:40) Taxes: Federal wealth tax, wealth disparity, billionaires, the role of government in the free market (23:17) Government efficiency: Democratic DOGE, breaking ranks on debt, his plan to control spending (33:01) Culture Wars: The costly role of democratic identity politics, navigating a primary with moderate views, the two Democratic Parties (40:07) Immigration: Trump shutting the border, Biden's failure (47:38) Working in the Biden Admin: good and bad, gatekeepers, cognitive decline, anointing Kamala Harris vs running a short primary (52:17) Thoughts on moving NASA under the Dept of Transportation (54:07) AI: self-driving, automation, and job loss (1:01:19) Running in 2028, Mamdani in NYC Follow Pete: https://x.com/PeteButtigieg Follow the besties: https://x.com/chamath https://x.com/Jason https://x.com/DavidSacks https://x.com/friedberg Follow on X: https://x.com/theallinpod Follow on Instagram: https://www.instagram.com/theallinpod Follow on TikTok: https://www.tiktok.com/@theallinpod Follow on LinkedIn: https://www.linkedin.com/company/allinpod Intro Music Credit: https://rb.gy/tppkzl https://x.com/yung_spielburg Intro Video Credit: https://x.com/TheZachEffect
Independent investigative journalism, broadcasting, trouble-making and muckraking with Brad Friedman of BradBlog.com
'BradCast' 10/29/2025: 'The first politically viable wealth tax' by Progressive Voices
Investigative journalist, blogger, and broadcaster Brad Friedman's investigative interviews, analysis and commentary, as ripped from the pages of The BRAD BLOG (BradBlog.com), today's current events (if they matter) and the rest of the stuff we have to live with.
State Senator Scott Wiener is angling for Nancy Pelosi's congressional seat but a New York Times magazine investigation links Wiener's 2022 “Safer Streets for All Act” to a boom in the sex-trafficking of children in California. In other news: Newsom matches Trump in the theatrical use of National Guardsmen, the Los Angeles school teacher who called for armed resistance to immigration enforcement, the “Wealth Tax” makes a California comeback, and how I Love Lucy changed television and the world. Bonus: Lance Christensen discusses some 800 bills now turned into law, as Gavin Newsom force-feeds Californians already choking on regulation. Music by Metalachi.Email Us:dbahnsen@thebahnsengroup.comwill@calpolicycenter.orgFollow Us:@DavidBahnsen@WillSwaim@TheRadioFreeCAShow Notes:Can Anyone Rescue the Trafficked Girls of L.A.'s Figueroa Street?Newsom Says Trump Is ‘Rigging the Election' With Federal Poll MonitorsInside the Tech CEO Campaign to Stop Trump From Sending Troops to San FranciscoNational Guard troops, deployed by Newsom, arrive at LA Regional Food Bank amid government shutdownThe Origins of the American Military Coup of 2012 The Origins of the American Military Coup of 2012Los Angeles teacher says ICE agents are 'not the only ones with guns' following shooting of federal agentShould billionaires pay more? California unions want voters to decideThe Force awakens in San Jose Cash payments to unhoused people likely won't end homelessness, but recipients spent wisely, California study saysPhillips 66, Kinder plan first-ever California-bound fuel pipelineBill-O-Rama with Lance Christensen:SB 414 (Ashby) – Regulating charter schools to death (cf AB 84, Muratsuchi) – VETOEDSB 848 (Perez) – Stop passing the trash teachers bill from the Senate Ed Chair – SIGNEDAB 1454 (Rivas) – Holding school districts accountable for literacy scores now that AB 1454 (Rivas) passedAB 1370 (Patterson) – NDA prohibitions for the legislature (Zavala interview) – SIGNEDSB 237 (Grayson) – Allowing more oil drilling in CA – SIGNEDAB 1207 (Irwin) – Continuing cap and tax program – SIGNED Is cap and tax slowly dying to accommodate need for massive increase in electrical production to provide for more AI, datacenter capacity? (CalMatter's piece)AB 628: A Costly New Mandate For California Landlords – SIGNED AB 1264 that eliminated ultra processed foods for kids, but is still gung-ho on sterilizing and mutilating them (Gov press release) – SIGNED Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Trusts are hardly mentioned outside of when wealth tax is in the news, or when someone mentions their accountant told them to get one. One side of the political aisle seems to have a good list of reasons as to why someone would need a trust, while the other side seems to be convinced that essentially the only reason anyone would have one would be to hide assets. So what is the real purpose of a trust? LISTEN ABOVESee omnystudio.com/listener for privacy information.
Australians are taxed on almost everything - income, fuel, property, super, even talk of inheritance and spare-bedroom taxes. In this episode we explore how much we really give back to the government, where that $800 billion in tax revenue goes, and whether our complex system is holding back innovation, investment, and everyday Aussies trying to get ahead.On this episode, we discuss:(00:00) Intro(00:37) The Viral Video That Exposes Australia's Endless Taxes(01:43) Do Aussies Really Pay Too Much Tax?(03:26) How Much Tax You Actually Pay on $60K, $80K, $100K, and $250K(06:10) The Beer Analogy That Explains Our Tax System(07:45) The Wildest Tax Reform Ideas Being Floated(10:12) EV Taxes, Super Surcharges, and the Never-Ending Grab(14:16) Why Business Tax Reform Could Boost Innovation(18:46) Where Australia's $800 Billion in Tax Money Goes(20:47) The NDIS Blowout and How It's Hurting Those Who Need It Most(23:33) Can Lower Taxes Spark Aussie Innovation and Growth?Videos Mentioned:Australian Tax Office 2025 Parody by @jonbernardk The Tax System, Explained in Beer! By Johnston GrockeCheck out the free resources from Inovayt here.Send us an email: hello@thenumbersgamepodcast.com.auThe Numbers Game is brought to you by Future Advisory & Inovayt.Hosts:Nick ReillyJason RobinsonMartin VidakovicThis podcast is produced by VIDPOD. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
The Wealth Tax cometh, the Paris target is behind us - we go all ‘Cow in the Room' with the Red Tractor in the dock, escaped salmon in the Loch and new life in concrete blocks. Dale pumps the Trump and our listeners tell us how the Dutch do it. Over on X-rated corner the diss attempts fall flat as Dale put's 'em straight - ain't no bad thing being called a girl.
Tesla boss Elon Musk could become the world's first trillionaire after his net worth surpassed $500 billion this month. But is there a problem with the concentration of so much wealth in the hands of so few people and what is it doing to our societies? Today, Professor Carl Rhodes, author of Stinking Rich: The Four Myths of the Good Billionaire, on why we need to stop the rich getting richer. Featured: Carl Rhodes, Professor of Business and Society at UTS Business School
The Smart 7 is an award winning daily podcast, in association with METRO, that gives you everything you need to know in 7 minutes, at 7am, 7 days a week…With over 19 million downloads and consistently charting, including as No. 1 News Podcast on Spotify, we're a trusted source for people every day and we've won Gold at the Signal International Podcast awardsIf you're enjoying it, please follow, share, or even post a review, it all helps... Today's episode includes the following: https://x.com/i/status/1977699318921376036https://x.com/i/status/1977686637816516784https://x.com/i/status/1977700024915046646 https://x.com/i/status/1977654389436498001 https://x.com/i/status/1977633851330777564 https://x.com/i/status/1977683294599676290 https://x.com/i/status/1977848438474617241 https://x.com/i/status/1977668523028852866 https://x.com/i/status/1977711990551265445 Contact us over @TheSmart7pod or visit www.thesmart7.com or find out more at www.metro.co.uk Voiced by Jamie East, using AI, written by Liam Thompson, researched by Lucie Lewis and produced by Daft Doris. Hosted on Acast. See acast.com/privacy for more information.
France's fifth PM in two years resigns after 26 days as cabinet draws fierce criticism. Wealth tax debate remains unresolved.View the full article here.Subscribe to the IMI Daily newsletter here.
Full interview: As the Labour Party debates the shape of its tax policy in next year's election, and economists keep an eye on the effect of the Government's Investment Boost tax deduction tweaks, Q+A spoke to global expert Michael Keen. . As the former Deputy Director of the Fiscal Affairs Department at the International Monetary Fund, Keen shaped the institution's policies on tax. He praised New Zealand's broad-based GST system and questioned why that same logic didn't apply when discussing the possibility of a Capital Gains Tax. Keen also said the country needed to consider its relatively high corporate tax rate in any discussions about upping productivity. . He also considered people's ideas of a "fair" tax system, and what taxing wealth and multi-national corporations could look like. . Join Jack Tame and the Q+A team and find the answers to the questions that matter. Made with the support of NZ on Air.
Some people spend decades diligently saving for retirement, watching their 401(k)s and IRAs grow. But here's an important question many fail to ask: "How much of that money will I actually get to keep after taxes?" If you have a million dollars in your retirement account, Uncle Sam could be entitled to a significant amount of that, depending on your tax situation.
Chancellor of the Exchequer Rachel Reeves has ruled out a UK wealth tax, while also giving one of her strongest commitments yet to abide by campaign pledges not to raise the level of several key taxes. Reeves also discussed youth guarantees, the two-child benefit cap, and child poverty with Bloomberg's Lizzy Burden at the Labour Conference in Liverpool.See omnystudio.com/listener for privacy information.
Today's conversation is the return of Andrew Craig to CamBro Conversations for his 4th appearance on the podcast.Andrew is an investor, author, and commentator who has spent years helping people better understand finance, economics, and wealth creation. In this episode, we unpack the state of the UK economy, the policy failures of recent governments, and the choices that will determine our financial future.Expect to learn:Why UK citizens are no wealthier than they were 30 years ago while countries like Ireland, Australia, and Singapore have surged aheadWhether Brexit was a missed opportunity to become the “European Singapore”The impact of legal mass migration, with 4.5 million arrivals between 2021–24Why the UK's obsession with Net Zero is economically damagingWhy Starmer's choice of advisors is so worrying for aspirational UK citizensWhy Gary Stevenson is so wrong about the UK and policyWhether Liz Truss's economic plan was a feasible path out of the messWhy Andrew believes we urgently need a small, economically literate, fiscally responsible government option at the ballot boxFor more from Andrew and I, check out episode 42, 200 and 271.Today's episode is optimised by Puresport. You can save 10% using code CAMBRO10 – https://bit.ly/3RmVT0V Shop Notox Skincare using COL15 here - https://www.notoxskincare.co/ Connect with Andrew:Website: https://www.plainenglishfinance.co.uk YouTube: https://www.youtube.com/@PlainEnglishFinance LinkedIn: https://www.linkedin.com/in/andrewcraigpef/ Connect with Col:Instagram: https://www.instagram.com/col.cambro/Email List: https://colcambro.kit.com/30bde23b0cPatreon: https://www.patreon.com/ColCampbell
Gene Tunny and John Humphreys unpack the economic troubles brewing in the UK, France, and the US—rising debt, social unrest, inflation, and faltering productivity. They explore why bond markets are sounding alarms, why governments are struggling to respond, and what this all means for Australia. The episode draws urgent lessons from these fiscal failures, with stark warnings for what lies ahead if policy inertia continues. Among other issues, they discuss Gary Stevenson's proposal for a wealth tax in the UK. Gene would love to hear your thoughts on this episode. You can email him via contact@economicsexplored.com.This episode was recorded on Thursday, 18 September 2025. TimestampsEconomic Challenges in Major Western Economies (0:00)Discussion on UK Economic Turmoil (2:31)Impact of Bond Market on UK Government (7:35)Comparison with France and the US (16:43)Lessons for Australia (35:29)Impact of Political Polarisation (43:55)Potential Solutions and Challenges (44:15)Global Economic Repercussions (44:49)Conclusion and Final Thoughts (46:24)TakeawaysThe UK's fiscal crisis is deepening with stalled per capita GDP, rising debt, and bond markets losing confidence.France is politically paralysed amid fiscal deficits and bond yields now surpassing Italy's—an unprecedented shift.The US faces stagflation risks, with inflation ticking back up and concerns about economic growth.Productivity stagnation is the root problem across Western economies, fueling deficits and weakening growth.Australia must learn from others' mistakes, avoiding unsustainable spending and instead boosting productivity.Links relevant to the conversationSlides with charts referred to this episode:https://drive.google.com/file/d/1ZMkunGxYj57TnCajOxvMcTEh0fQj0y5L/view?usp=sharingAustralian Taxpayers' Alliance Livestream of 18 September 2025:https://www.youtube.com/live/8YxnRT_YD50?si=_A1udQmCag3dMtyCLumo Coffee promotion10% of Lumo Coffee's Seriously Healthy Organic Coffee.Website: https://www.lumocoffee.com/10EXPLOREDPromo code: 10EXPLORED
Professors David Gamage and Darien Shanske discuss their recent paper, “Money Moves: Taxing the Wealthy at the State Level,” which lays out their argument for a state-level wealth tax. For more, read Gamage and Shanske's article, coauthored by Professor Brian Galle.For more coverage, read the following in Tax Notes:U.K. Labour Deputy Leader Hopeful Campaigns for Wealth TaxesReport on 16,500 Millionaires Quitting U.K. 'May Be Fabricated'Tax Justice Network Report Urges Wealth Tax for Climate FinanceFollow us on X:David Stewart: @TaxStewTax Notes: @TaxNotes**CreditsHost: David D. StewartExecutive Producers: Jeanne Rauch-Zender, Paige JonesProducers: Jordan Parrish, Peyton RhodesAudio Engineers: Jordan Parrish, Peyton Rhodes
This Day in Legal History: Final Draft of the US Constitution EngrossedOn September 16, 1787, the final draft of the United States Constitution was signed by the Constitutional Convention delegates in Philadelphia. Although the official signing date was September 17, the 16th was the day the finished document was ordered to be engrossed — meaning it was written in its final, formal script on parchment. This step marked the culmination of four months of intense debate, compromise, and drafting by delegates from twelve of the thirteen original states. The Constitution replaced the failing Articles of Confederation and established a stronger federal government with distinct executive, legislative, and judicial branches.Debates on September 16 included last-minute details such as how amendments could be proposed and the extent of federal power over the militia. The delegates had already resolved key issues like the Great Compromise (creating a bicameral legislature), the Electoral College, and the Three-Fifths Compromise regarding the counting of enslaved individuals for representation. One of the final acts on the 16th was the approval of the letter that would accompany the Constitution to Congress, urging ratification by the states.Though the Constitution would still need to be ratified by nine of the thirteen states, the events of September 16 set the stage for the formal adoption the following day. The engrossed copy would be signed on September 17 and later become the foundation of American law and governance.Maurene Comey, a former federal prosecutor and daughter of ex-FBI Director James Comey, has filed a lawsuit against the Trump administration over her sudden termination in July. She alleges that her firing was politically motivated, stemming from her father's adversarial relationship with Donald Trump. The lawsuit, filed in Manhattan federal court, names both the Justice Department and the Executive Office of the President as defendants and claims Comey was given no reason for her dismissal. According to the suit, Comey had received strong performance evaluations, including one in April signed by Trump-appointed U.S. Attorney Jay Clayton.Comey had played key roles in high-profile prosecutions, including the sex trafficking case against Ghislaine Maxwell and the recent conviction of Sean “Diddy” Combs on prostitution-related charges. She was fired just two weeks after the Combs trial ended. The email she received from DOJ human resources cited presidential authority under Article II but offered no specific explanation. When she asked Clayton about the decision, he allegedly said, “All I can say is it came from Washington.”The lawsuit challenges the administration's ability to remove career, non-political prosecutors and raises concerns about politicization of the Justice Department, particularly in cases involving Trump or his allies.Former federal prosecutor Maurene Comey sues Trump administration over firing | ReutersElon Musk's company X Corp has settled a trademark dispute with legal marketing firm X Social Media over the use of the “X” name. The case, filed in Florida federal court in October 2023, stemmed from Musk's rebranding of Twitter to X, which X Social Media claimed caused consumer confusion and financial harm. As part of the resolution, both parties asked the court to dismiss the case with prejudice, meaning it cannot be reopened. The founder of X Social Media, Jacob Malherbe, confirmed the settlement and announced the company will now operate under the name Mass Tort Ad Agency.The terms of the settlement were not disclosed, and X Corp did not issue a comment. The lawsuit was one of several Musk's company has faced over the “X” name, which is widely used and trademarked by numerous businesses, including Microsoft and Meta. In its defense, X Corp argued that many companies have long coexisted with similar “X” trademarks and accused X Social Media of trying to exploit the situation for profit. This settlement follows another earlier agreement in which X Corp resolved a separate trademark claim brought by the firm Multiply.The dismissal brings closure to a case that raised questions about branding overlap and trademark dilution in an increasingly crowded digital landscape.Musk's X Corp settles mass-tort ad agency's trademark lawsuit over 'X' name | ReutersTwo U.S. law firms, Bartlit Beck and Kaplan Fox & Kilsheimer, are requesting $85 million in legal fees after securing a $700 million settlement with Google over alleged antitrust violations tied to its Play Store. The settlement, which is still pending approval by U.S. District Judge James Donato, resolves claims that Google overcharged Android users by restricting app distribution and imposing excessive in-app transaction fees. Under the agreement, $630 million will go to a consumer fund, with another $70 million allocated to a state-managed fund shared by all 50 states, D.C., Puerto Rico, and the Virgin Islands.Consumers are expected to receive a minimum of $2, with additional compensation based on their Play Store spending from August 2016 to September 2023. Google also agreed to ease restrictions on app developers, allowing them to inform users about alternative payment methods and enabling easier direct app downloads from the web. The fee request amounts to approximately 13.5% of the consumer settlement fund, and the firms say they invested nearly 100,000 hours over more than three years.While Judge Donato previously raised concerns about the scope of the deal, no U.S. state has objected to the fee request so far. Google has not admitted any wrongdoing as part of the settlement, and users will still have the opportunity to raise objections before final approval.Lawyers behind $700 million Google settlement ask for $85 million fee award | ReutersMy column for Bloomberg this week looks at Norway's recent national election, which effectively became a referendum on one of the last remaining wealth taxes in Europe. Despite having a $2 trillion sovereign wealth fund and no immediate fiscal need for a wealth tax, Norwegians narrowly backed the Labour Party, signaling that voters still care about fairness in taxation—even when the government doesn't need the money. In a global landscape where wealth taxes have mostly disappeared, this was a small but potent victory for the principle of equity.I argued that this matters beyond Norway. Wealth taxes used to be common across Europe, but most were abandoned due to fears of capital flight and elite lobbying. That Norway held the line—even amid billionaire threats and a populist surge—suggests that wealth taxes can survive politically when fairness becomes a central electoral value. It also underscores that symbolic wins can shape broader policy debates by proving what's administratively and politically possible.In the U.S., we lack Norway's fiscal cushion, yet we've persistently avoided taxing wealth. Policymakers often justify this inaction with fears about capital mobility, but I question whether we're really more vulnerable to capital flight than Norway is. The deeper issue is political will. Americans have long treated wealth taxation as politically toxic and bureaucratically unworkable, but that may be more a product of narrative than necessity.Norway's voters showed that fairness can be enough to win—even narrowly. But I emphasize that such policies require ongoing public defense; they don't sustain themselves. If we continue dodging the issue in the U.S., we'll be doing so not from a place of strength, but from a place of illusion. If Norway can defend taxing wealth despite not needing to, we have no excuse not to even try.Norway Wealth Tax Victory Shows Visible Fairness Still Matters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
Arton Capital's survey of over 1,000 British millionaires finds that 53% may leave the UK over a wealth tax, while 83% have considered RCBI.View the full article here.Subscribe to the IMI Daily newsletter here.
Chris Christie exposes Trump's failures, France rejects austerity as another government falls, and we debunk the lie that taxing the wealthy can't solve America's problems.Subscribe to our Newsletter:https://politicsdoneright.com/newsletterPurchase our Books: As I See It: https://amzn.to/3XpvW5o How To Make AmericaUtopia: https://amzn.to/3VKVFnG It's Worth It: https://amzn.to/3VFByXP Lose Weight And BeFit Now: https://amzn.to/3xiQK3K Tribulations of anAfro-Latino Caribbean man: https://amzn.to/4c09rbE
Thank you Sandra Dingler, Don't Stop Me Now - TLawrence, ITS Never Happening…, Marg KJ, CowboyHats, and many others for tuning into my live video! Join me for my next live video in the app.* Gov. Christie destroys Reince Priebus on Trump's failures better than any Democrat has so far: Former New Jersey Governor Chris Christie did a more effective job of pointing out the disaster that is the Trump economy with … To hear more, visit egberto.substack.com
THE BEST BITS IN A SILLIER PACKAGE (from Tuesday's Mike Hosking Breakfast) Who Trumps Who?/Health or Wealth?/Big Butter Drama/Pictures of Cars/Suck On That, FinlandSee omnystudio.com/listener for privacy information.
Learn more about Loan My Coins.* For multi-signature wallets, check out The Bitcoin Adviser.*Book in a free 15-min phone call with Darcy Ungaro (financial adviser).Sign up to the fortnightly newsletter!Thank You MyRent: See why residential property investors all over New Zealand are switching to myRent.Provincia: Whether you're looking to invest, or you have a commercial property that needs better management - they the true one-stop shop for wholesale industrial investors. Check out Provincia.co.nz for more.Affiliate Links! *Links may result in financial benefit.The Bitcoin Adviser: Plan for intergenerational digital wealth. Hatch: For US markets.Revolut: For a new type of banking.Sharesies: For local, and international markets.Easy Crypto: To buy and sell digital assets.Loan My Coins: Bitcoin lending product.Exodus: Get rewards on your first $2,500 of swapsOnline courses:New Wealth Foundations: Personal finance from a wealth-builder's perspective.Take the free, 5-part online course Crypto 101: Crypto with Confidence Get Social:Check out the most watched/downloaded episodes hereFollow on YouTube , Instagram, TikTok: @theeverydayinvestor, X (@UngaroDarcy), LinkedIn.www.ungaro.co.nz________________________Disclaimer: Please act independently from any content provided in these episodes; it's not financial advice, because there's no accounting for your individual circumstances. Do your own research, and take a broad range of...
This week's economic summit coincided with a surprise move by the Albanese government to lift the deeming rate for the first time in four years: The measure reduces access to the pension for wealthier Australians. Moreover, it's exactly the sort of change that advisers have warned are set to come down the line as Treasurer Jim Chalmers exerts his influence in the second term government. Will Hamilton of Hamilton Wealth Partners joins Associate Editor - Wealth James Kirby in this episode. In today's episode we cover Deeming rate lift -The first move? Super tax confirmed unchanged CGT and negative gearing - Key risks Save the super performance tests See omnystudio.com/listener for privacy information.
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Ant and James discuss the wealth tax, what its proponents wish would happen, and what would really happen were it implemented. They also get into why so many dogs are overweight, and the cutting-edge genetic engineering that promises to wipe out malaria by altering mosquito DNA. As if that weren't enough, they also address the futility of US debt donations. Learn more about your ad choices. Visit podcastchoices.com/adchoices
As Britain's finances worsen, pressure is building for Labour to bring in a wealth tax on the super-rich – not least because Rachel Reeves has ruled out pretty much every other tax. How would it work? How much would it raise? Who would pay? And would those poor billionaires really flee Britain if it happened? Stephen Kinsella of Patriotic Millionaires UK explains why we really do need to tax the rich (and why he doesn't mind if it's him). • Support us on Patreon for early episodes and more. • We are sponsored by Indeed. Go to Indeed.com/bunker to get your £100 sponsored credit. Written and presented by Andrew Harrison. Audio production by Tom Taylor. Music by Kenny Dickinson. Managing Editor Jacob Jarvis. Group Editor Andrew Harrison. THE BUNKER is a Podmasters Production www.podmasters.co.uk Learn more about your ad choices. Visit podcastchoices.com/adchoices
Officials refuse to dismiss wealth tax plans despite expert warnings that most countries abandoned such levies after they failed.View the full article here.Subscribe to the IMI Daily newsletter here.
Ep 188: “Protect Your Wealth: Tax-Free Strategies for Retirement”
IRS: WEALTH TAX LEFT OUT. RICHARD EPSTEIN 1860 NYC
Bill Radke discusses the week's news with Stranger staff writer Vivian McCall, Seattle Channel host and producer Brian Callanan, and former Port of Seattle commissioner and Washington state gubernatorial candidate Bill Bryant. See omnystudio.com/listener for privacy information.
After changes to the welfare reform bill failed to save money, the millionaire Dale Vince thinks it's time for people like him to contribute more to the public finances. Arun Advani explains how a wealth tax could work and if it's time for Labour to introduce one. Help support our independent journalism at theguardian.com/infocus
Another week in Labour's u-turn government and the rumblings of a wealth tax are on the horizon, just as your co-pilots predicted!Allison thinks the PM's speech on Monday was a ‘soft focus' reflection of the 7th July London bombing, and once again avoiding the concerns of Islamists and mass immigration.Meanwhile Liam focuses on the sticky issue of a potentially imminent ‘Wealth Tax' as Chancellor Rachel Reeves struggles to balance the books with Starmer's constant spending u-turns.Stowing away this week is Matt Goodwin, pollster, political commentator and author joins Allison and Liam to discuss the 20th Anniversary of the London Tube attack and how Labour's experiment of immigration and integration has failed.Matt's substack: https://www.mattgoodwin.org/ |Read Allison ‘Britain's craven appeasement of Islam is an insult to the victims of 7/7‘ : https://www.telegraph.co.uk/news/2025/07/08/britain-appeasement-islam-an-insult-to-the-victims-of-77/ |Read more from Allison: https://www.telegraph.co.uk/authors/a/ak-ao/allison-pearson/ |Read Liam ‘A wealth tax will only make the Chancellor's problems worse': https://www.telegraph.co.uk/business/2025/07/06/wealth-tax-will-only-make-chancellors-problems-worse/ |Read more from Liam: https://www.telegraph.co.uk/authors/liam-halligan/ |Need help subscribing or reviewing? Learn more about podcasts here: https://www.telegraph.co.uk/radio/podcasts/podcast-can-find-best-ones-listen/ |Email: planetnormal@telegraph.co.uk |For 30 days' free access to The Telegraph: https://www.telegraph.co.uk/normal | Hosted on Acast. See acast.com/privacy for more information.
Keir Starmer reiterated his tax pledges at PMQs as Kemi Badenoch accused him of 'flirting' with a wealth tax. Hugo Rifkind pauses and unpacks the exchanges from the Commons with Patrick Maguire and Jon Harvey. Hosted on Acast. See acast.com/privacy for more information.
At today's PMQs, Labour leader Keir Starmer refused to rule out a new wealth tax.Leader of the Opposition Kemi Badenoch demanded a cast-iron guarantee that there won't be an autumn Budget raid on wealth, but the Prime Minister couldn't give one, fuelling Tory claims that a “toxic cocktail” of Labour tax rises could be on the way.Tim Stanley and Gordon Rayner are joined by Daily Telegraph Economics Reporter Emma Taggart to discuss what a potential 2% wealth tax on assets over £10 million, suggested by Labour grandee Lord Kinnock, could mean for savers, homeowners, and the British economy.And if you visit Heathrow this summer, Grammy-nominated artist Jordan Rakei has turned the airport's everyday noises into a four-minute ambient soundscape designed to soothe travellers. But will it calm the nerves of our resident anxious flyer Tim Stanley?Producer: Georgia CoanSenior Producer: John CadiganPlanning Editor: Venetia RaineySocial Media Producer: Ece CelikVideo Editor: Will WaltersStudio Operator: Meghan SearleOriginal music by Goss Studio Hosted on Acast. See acast.com/privacy for more information.
A majority of Britons are in favour of imposing a wealth tax on the super-rich. Plus: Amnesty International has a new report into the networks of conservative groups trying to roll back our rights; French president Emmanuel Macron mentions Palestine in the House of Commons; and Elon Musk's Grok has turned full nazi. With Kieron […]
In this week's roundup, Bloomberg UK Wealth Editor at Large Merryn Somerset Webb speaks with Money Distilled newsletter author John Stepek about the UK's debt problem. A report from Britain’s fiscal watchdog – the OBR – warns that the country faces "daunting" risks, as a soaring debt load has led to “substantial erosion” of its capacity to respond to future shocks.So how will the government tackle that debt? Everyone’s suddenly talking about wealth taxes - but we might not get the wealth taxes everyone expects. Merryn and John look at why inheritance tax on homes, and capital gains tax, both look like potential targets - and talk about why politics always gets in the way of good policy.See omnystudio.com/listener for privacy information.
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