New York Times CENTER-LEFT (-1.0) Reliability: 8.0/10

Are Wealth Taxes the Best Way to Tax the Ultra Rich?

✍️ Patricia Cohen 📅 October 31, 2025 12:00 AM 🕐 Scraped: November 01, 2025

Summary: Plans for a wealth tax, which is dividing France, have gotten popular around the world as inequality has widened and government debt has risen.

There have been calls to tax the rich ever since there have been taxes. One idea, though, arouses particularly fevered reactions: A tax on wealth, not just paychecks.

A clash over

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📝 Article Information

Author

Patricia Cohen

Original Publisher

🌍 New York Times

CENTER-LEFT Bias (-1.0)

Published Date

October 31, 2025 at 12:00 AM

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