Nomad Capitalist


Opinion: Federal Tax Hikes Will Push Wealthy Americans Overseas

Congress has begun its year-end sprint, and the debate over raising taxes is as hot as ever. Crucial to President Joe Biden’s $3.5 trillion agenda is a wide range of tax penalties targeting the wealthy, broadly defined as households with incomes over $400,000 (“the usual targets”). Democrats claim the only targets are wealthy Americans, who face higher rates and closed

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