Jackson, Wyo., has long been a refuge for the rich. But the last five years saw a boom in wealth of a kind never before seen. Across the country, the 2017 tax cuts minted hundreds of new billionaires.
Forbes contributors publish independent expert analyses and insights. Host of the Retire Sooner podcast and CFP™ practitioner. The IRS might describe it as landing in the top tax bracket—paying a 37% ...
A billionaire acquaintance of mine who moved from Manhattan to Miami during the pandemic was talking with me recently about New York City’s proposed pied-à-terre tax—an annual surcharge on second ...
IT IS NO secret that inequality grew in much of the rich world in the 1980s and 1990s and has remained relatively high since. In 1980 the top 1% of Americans commanded 9% of pre-tax income, rising to ...