Bloomberg: Swiss Wealth Tax rakes in cash as Covid stokes global debate
"Switzerland’s wealth tax offers a rare real-world example of how a levy on assets can work, just as such ideas gain traction elsewhere in the wake of the coronavirus crisis," writes Bloomberg journalist Catherine Bosley.
A one-off wealth tax on £1m+ households is the best way to pay for Covid-19, says think tank
"A one-off wealth tax would work, raise significant revenue, and be fairer and more efficient than the alternatives," suggests an in-depth report from The Wealth Commission.
Covid-19 has ‘brought to an immediate halt the unbroken upward trend in global HNW growth over the past decade’
Dollar millionaires now control nearly a third of the world's total private wealth, reports Wealth-X, after "a decade, and more, of plenty" - a period that has been ended by the pandemic.
By PrimeResi
Pandemic ‘sparks house price surge’ in global markets
Property prices increased in nine out of ten countries in 2020, according to Knight Frank's latest index.
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