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Why Taxing the Wealthy is Harder Than it Looks

Of Dollars And Data · published 19 May 2026

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https://oag.ca.gov/system/files/initiatives/pdfs/25-0024A1%20%28Billionaire%20Tax%20%29.pdf

oag.ca.gov

https://senatedemocrats.wa.gov/millionaires-tax-faq/

senatedemocrats.wa.gov

https://www.governor.ny.gov/news/governor-hochul-announces-pied-terre-tax-proposal-luxury-second-homes-valued-5-million-or-more

governor.ny.gov

https://finance.yahoo.com/news/only-6-billionaires-left-california-073000585.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJCn6iqxhFnBzCPpNhfoB_2fsya0OFDIA1QX7fx8Hw2xq5SJCK1FnocNxszPwmaIwNWxc-ec_twOFYxDb3I8kuHPiaA0JoHRhBeoqS_rgqI2opKq6hh-DUZ-DJlYX9B7Vr1jBWO-Azp-BfJv7-miGxbhzolj-yaD--dgqGmYSQfj

finance.yahoo.com

https://www.oecd.org/en/publications/the-role-and-design-of-net-wealth-taxes-in-the-oecd_9789264290303-en.html

oecd.org

https://www.wealthandpolicy.com/wp/BP133_Countries_Switzerland.pdf

wealthandpolicy.com

https://cristobalyoung.com/wp-content/uploads/2018/11/Millionaire_migration_Jun16ASRFeature.pdf

cristobalyoung.com

https://www.gao.gov/blog/federal-government-made-236-billion-improper-payments-last-fiscal-year

gao.gov

https://ofdollarsanddata.com/wp-content/uploads/2026/05/2026_05_04_gao_improper_2023.png

ofdollarsanddata.com

https://taxfoundation.org/data/all/federal/taxes-on-the-rich-1950s-not-high/

taxfoundation.org

https://ofdollarsanddata.com/wp-content/uploads/2026/05/Average-Effective-Tax-Rate-on-the-Top-1-Percent-of-U.S.-Households.avif

ofdollarsanddata.com

https://comptroller.nyc.gov/reports/the-pied-a-terre-tax-and-its-potential-revenues/

comptroller.nyc.gov

https://fred.stlouisfed.org/series/WFRBST01134

fred.stlouisfed.org