From the States

Image
The flag of the European Union

Europe tried wealth taxes. Most gave up.

U.S. Sen. Bernie Sanders, I-Vt., and Rep. Ro Khanna, D-Calif., introduced the Make Billionaires Pay Their Fair Share Act in March. The proposal would impose a 5% annual wealth tax on the roughly 938 Americans with a net worth exceeding $1 billion.

Image
Ron DeSantis, Las Vegas, Nov. 2022

DeSantis announces plan to expand sanctions on Iran

It also prohibits the state from lifting any sanctions against Iran until after the president and Congress certify that Iran has stopped supporting international terrorism and acquiring weapons of mass destruction, and after the federal government lifts all sanctions against Iran.