Leaders | An unrealisable idea
How to tax billionaires—and how not to
Closing loopholes would be a better bet than a levy on unrealised capital gains
Editor’s note (June 20th 2024): The Supreme Court has ruled in Moore v United States, upholding the tax at issue (the “mandatory repatriation tax”). The court declined to weigh in on the constitutionality of a tax on unrealised gains.
Leaders June 22nd 2024
- AI will transform the character of warfare
- The exponential growth of solar power will change the world
- Emmanuel Macron’s project of reform is at risk
- How to tax billionaires—and how not to
- Javier Milei’s next move could make his presidency—or break it
- India should liberate its cities and create more states
Discover more
Peace in Lebanon is just a start
Donald Trump must build on Joe Biden’s belated success
From Nixon to China, to Trump to Tehran
Iran is weak. For America’s next president that creates an opportunity
Too many master’s courses are expensive and flaky
Governments should help postgraduates get a better deal
Elon Musk is Donald Trump’s disrupter-in-chief
The entrepreneur will be let loose on America’s government
Why British MPs should vote for assisted dying
A long-awaited liberal reform is in jeopardy
Germany cannot afford to wait to relax its debt brake
It should move before the election