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Wealth Taxes Reach the States

Wealth Taxes Reach the States

FromThe Deduction


Wealth Taxes Reach the States

FromThe Deduction

ratings:
Length:
25 minutes
Released:
Jan 26, 2023
Format:
Podcast episode

Description

Since 2021, 43 states have provided substantial tax relief for taxpayers and businesses. But this year, a new trend has emerged in the opposite direction: a push for states to tax investment.From coordinated wealth tax proposals to higher capital gains income taxes, some state legislatures are going after high earners.Jared Walczak, vice president of state projects, joins Jesse to discuss how these measures would affect investment, job creation, and migration between states—and why they’re happening now.Links:https://taxfoundation.org/state-wealth-tax-proposals/https://taxfoundation.org/state-population-change-2022/https://taxfoundation.org/2023-state-tax-changes/Support the show
Released:
Jan 26, 2023
Format:
Podcast episode

Titles in the series (63)

The Deduction is your independent guide to the complicated world of tax and economics. From the impacts of tariffs and trade wars to debates over who pays and how much, each episode, our experts untangle another aspect of the tax code. Listen to the leading tax podcast!