#Entrepreneurship #WealthCreation #EconomicMobility
www.cnbc.com
The 'Great Wealth Transfer': A $3 trillion opportunity for Black business owners is on the horizon
There is a $3 trillion opportunity for Black and other minority entrepreneurs to become business owners as part of the "Great Business Transfer," according to a new report from McKinsey.
#Politics #Oligarchy #WealthInequality
www.nytimes.com
Opinion | The Donald Trump 1 Percent Fan Club
Mr. Edsall, a contributing Opinion writer, comments weekly from Washington on politics and demographics.
President Trump is distributing executive patronage -- from pardons to favorable regulatory decisions -- to privileged groups, including those willing to contribute to his preferred committees and causes and those who invest in the Trump family's crypto businesses.
#CaliforniaPolitics #WealthTax #LaborUnion
nypost.com
Behind shadowy union boss pushing California's billionaire's tax -...
The man who could make or break California's future isn't Gavin Newsom or Donald Trump -- but a powerful union boss many fear is hell-bent on driving $1 trillion in wealth from the state.
W
#Capitalism #WealthTax #Netherlands
www.washingtonpost.com
Opinion | Inventors of capitalism seek to sabotage it
Capitalism is so intertwined with Dutch culture that residents of the Netherlands celebrate their king's birthday by setting up vrijmarkten, "free markets," in town squares to buy and sell household goods.
W
#Homeownership #RacialEquity #WealthGap
www.washingtonpost.com
Column | Why does Black homeownership lag White ownership in every major city?
The Black homeownership rate today is virtually the same as it was when mortgage discrimination was legal.
The net worth of most Americans isn't a stock portfolio; it's the equity in their homes.
#Taxation #WealthInequality #PublicFunding
www.newsweek.com
Map shows states trying to advance higher taxes on the ultra-wealthy
All across the country, lawmakers from both sides of the political spectrum are staring down at strained budgets and considering their options to keep state finances afloat and continue funding key public services.
W
#WealthTax #Billionaires #EconomicInequality
www.wsj.com
Billionaires' Low Taxes Are Becoming a Problem for the Economy
California is home to slightly more than a fifth of America's billionaire population. Genaro Molina/Los Angeles Times/Getty Images
California's plan to hit its richest residents with a one-off wealth tax is a long shot, and its design has problems.
#Wealth #Investments #TechIndustry
www.businessinsider.com
Musk, Zuckerberg, and other tech bosses took a combined $26 billion wealth hit from AI stock slump
Walmart heirs Jim, Rob, and Alice Walton are this year's biggest wealth gainers after Musk.
Elon Musk, Mark Zuckerberg, Jeff Bezos, Jensen Huang, and Michael Dell saw a combined $26 billion wiped off their net worths in one day, the Bloomberg Billionaires Index shows.
#RetirementSavings #FinancialPlanning #WealthManagement
nypost.com
The average American worker has just $955 in retirement savings, new...
A new study finds that the median American worker has just $955 saved for retirement through a defined contribution plan like a 401(k) account, with most falling well short of recommended retirement savings targets for their ages.
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#PersonalSecurity #LuxuryRealEstate #WealthManagement
www.wsj.com
The Mega-Rich Are Turning Their Mansions Into Impenetrable Fortresses
In an era of high-profile violence -- including the suspected abduction of Savannah Guthrie's mother from her Arizona home just over a week ago -- the wealthy are investing heavily in their personal security, particularly when it comes to their homes.
W
#WealthManagement #TaxStrategies #UltraHighNetWorth
www.wsj.com
Inside a $5 Billion Fortune: One Family's Ledger in the Epstein Files
The documents date to 2014 and 2015, so Black's finances are different today. But the disclosures offer an exceptionally granular look at the strategies used by many of the ultrarich to build wealth and minimize their tax bills.
#ArtificialIntelligence #WealthManagement #FinancialMarket
uk.finance.yahoo.com
Wealth Manager Stocks Sink as Investors Flee AI's Next Casualty
(Bloomberg) -- An artificial intelligence tool aimed at creating tax strategies sparked a selloff in wealth-management stocks Tuesday as investors fear the business could be at risk from automated advice.
#WealthTax #CaliforniaPolitics #BillionaireTax
nypost.com
Exclusive | Stunning number of California voters back wealth tax but admit it...
A staggering 60% of California voters back the billionaire wealth tax proposal even though they admit it will spark businesses to flee the state and kill jobs, a new poll found.
#EpsteinEstate #TrustAgreement #WealthDistribution
abcnews.go.com
How Epstein planned to dole out his millions, new documents show
The late sex offender's trust agreement has never before been made public.
Jeffrey Epstein planned to distribute his considerable wealth among an array of friends, family, employees and associates upon his death, according to the files the Justice Department released Friday.
