Tag Archives: Millionaires

Washington state has no income tax. It just passed one for millionaires that could be a model for other states

March 19, 2026 Washington state has no income tax. It just passed one for millionaires that could be a model for other states  BY Kristin Toussaint People who live and work in Washington state don’t currently pay any income tax. But in a few years, a small group of residents will be subject to one: Washington … Continue reading Washington state has no income tax. It just passed one for millionaires that could be a model for other states

A majority of millionaires say extreme wealth is a threat to democracy

January 20, 2026 A majority of millionaires say extreme wealth is a threat to democracy  span>span]:whitespace-nowrap”>As wealth inequality widens and billionaires become increasingly enmeshed with politics, the public is growing more and more disillusioned with the ultra-wealthy and the role they play in society. It’s not just those with low or median incomes who feel … Continue reading A majority of millionaires say extreme wealth is a threat to democracy

The world got 5.2 million more millionaires last year, but many are getting pinched in 2022

By Sam Becker September 23, 2022   Two-and-a-half million people in the United States became millionaires last year, but thanks to rising prices, that may not mean as much as it used to.       Worldwide, 5.2 million people became millionaires in 2021, according to the Global Wealth Report 2022, an annual release published … Continue reading The world got 5.2 million more millionaires last year, but many are getting pinched in 2022