Wealth

Most Millionaires Support Higher Taxes on ‘Extreme Wealth’ giga mail

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Most Millionaires Support Higher Taxes on ‘Extreme Wealth’ giga mail

Most millionaires support imposing higher income taxes and a wealth tax, according to a new poll — as long as those tax increases are for people richer than them. About 6 in 10 millionaires surveyed in a YouGov poll released Monday said they would support a new marginal tax rate of 50% or more on … Read more

New Sovereign Wealth Funds Have New Remits giga mail

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New Sovereign Wealth Funds Have New Remits giga mail

The previous decade saw a wave of sovereign wealth funds (SWFs) driven by a commodity market boom and foreign exchange reserves. Governments from Chile to the United Arab Emirates (UAE) use sovereign financial vehicles to diversify their economies and investment portfolios, secure intergenerational wealth and provide stability against shock events while aiming for better financial … Read more