wealth tax

Noun

Meaning

wealth tax (countable and uncountable, plural wealth taxes)

Any tax which depends on the taxpayer's total assets, including cash, financial assets, and personal possessions.
Synonyms: capital tax, equity tax

Source: en.wiktionary.org

Examples

And Karl W. Smith of the Tax Foundation a wealth tax would “undermine a central animating idea of American capitalism.” Source: Internet

But what if founder Jeff Bezos had been hit by a big wealth tax in 2000? Source: Internet

And to put in place a wealth tax.” Source: Internet

Elizabeth talked about a wealth tax. Source: Internet

India did have a wealth tax, The Wealth Tax Act 1957, which was subsequently discontinued in 2016. Source: Internet

Other prominent billionaires to recently slam the idea of a wealth tax include hedge fund manager Leon Cooperman, former CEO and promulgator of the $6 coffee Howard Schultz, and megabillionaire Bill Gates. Source: Internet

Close letter words and terms

wealth of wealth of knowledge wealth seeker wealth-wise wealthen wealthful