wealth tax

British  

noun

1. a tax on personal property; capital levy

---

Example Sentences

Also backing the letter is Millionaires for Humanity, a network of wealthy individuals calling for a global 1% wealth tax, and Oxfam, a global anti-poverty nonprofit.

From Barron's

On Friday, Doug Herman, a spokesperson for Bass’ reelection campaign, said she has “not taken a position” on the state or city wealth tax proposals.

From Los Angeles Times

“Many are paying close attention to the potential passage of a wealth tax and are looking to proactively reposition assets while also upgrading their lifestyle. Florida’s tax structure is clearly part of the conversation, but what ultimately seals the decision is the combination of waterfront living, privacy, and a sophisticated yet understated luxury market that Coconut Grove offers.”

From MarketWatch

And billionaire Peter Thiel disclosed on Dec. 31 that he has opened a new office in Miami, in a state that not only has no wealth tax but no income tax.

From Los Angeles Times

Not every billionaire has decried the wealth tax idea.

From Los Angeles Times