{"id":309569,"date":"2025-12-10T21:11:05","date_gmt":"2025-12-10T21:11:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/uk\/309569\/"},"modified":"2025-12-10T21:11:05","modified_gmt":"2025-12-10T21:11:05","slug":"could-a-tax-on-billionaires-make-a-dent-in-wealth-inequality","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/uk\/309569\/","title":{"rendered":"Could a tax on billionaires make a dent in wealth inequality?"},"content":{"rendered":"<p>Among the most hotly debated topics in economic policy these days is a wealth tax on billionaires \u2014 a levy targeting the total value of assets held by the ultra-wealthy, instead of their income.<\/p>\n<p>\nIn California, a proposed ballot measure called the <a href=\"https:\/\/www.forbes.com\/sites\/nathangoldman\/2025\/11\/14\/can-a-5-wealth-tax-on-200-billionaires-save-or-sink-california\/\" class=\"Link\" target=\"_blank\" rel=\"nofollow noopener\">2026 Billionaire Tax Act<\/a> would levy a one-time 5% tax on the net worth of about 200 billionaires. In France and the UK, similar taxes are being hotly debated.<\/p>\n<p>\nWhile the advantages range from generating billions of dollars in revenue to fund health care, infrastructure and more, there are problems as well, including <a href=\"https:\/\/poole.ncsu.edu\/thought-leadership\/article\/the-pros-and-cons-of-wealth-taxes\/\" class=\"Link\" target=\"_blank\" rel=\"nofollow noopener\">determining the value of assets<\/a> ranging from sports teams to art.<\/p>\n<p><a href=\"https:\/\/poole.ncsu.edu\/people\/cmlewell\/\" class=\"Link\" target=\"_blank\" rel=\"nofollow noopener\">Christina Lewellen<\/a>, professor at the Poole College of Management at North Carolina State University, joins host Robin Young to discuss the pros and cons of wealth taxes.<\/p>\n<p>\nThis article was originally published on <a href=\"https:\/\/www.wbur.org\/hereandnow\/2025\/12\/10\/wealth-tax-inequality\" class=\"Link\" target=\"_blank\" rel=\"nofollow noopener\">WBUR.org.<\/a><\/p>\n<p class=\"fullattribution\">Copyright 2025 WBUR<\/p>\n","protected":false},"excerpt":{"rendered":"Among the most hotly debated topics in economic policy these days is a wealth tax on billionaires \u2014&hellip;\n","protected":false},"author":2,"featured_media":309570,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[84,1294,56,54,55],"class_list":{"0":"post-309569","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-uk","11":"tag-united-kingdom","12":"tag-unitedkingdom"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/309569","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/comments?post=309569"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/posts\/309569\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media\/309570"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/media?parent=309569"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/categories?post=309569"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/uk\/wp-json\/wp\/v2\/tags?post=309569"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}