How Investors Accelerate the Affordable Housing Crisis
Investor purchases accounted for 24 percent of all residential real estate sales in Boston in the fourth quarter of 2022. A 10 percent tax on those sales could yield $82 million in revenue.
Investor purchases accounted for 24 percent of all residential real estate sales in Boston in the fourth quarter of 2022. A 10 percent tax on those sales could yield $82 million in revenue.
An annual wealth tax on the world’s richest could raise $1.7 trillion globally.
Having fought for labor rights under a dictatorship, the Brazilian president once again faces a violent far-right movement bent on blocking his pro-worker, pro-democracy agenda.
President Gustavo Petro’s government plans to raise $20 trillion Colombian pesos through a hyper-targeted tax on less than one percent of the country’s top earners. Other nations should take notice.