Sentence examples for on fortunes from inspiring English sources

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Piketty's prescription for the crisis of inequality was a change in taxation policies, including an annual progressive global tax on financial assets of as much as 2 percent on fortunes above $6.6 million.

Now President Nicolas Sarkozy is thinking of doing away with it next year.Officially called the "solidarity tax on fortunes", the wealth tax is paid at a rate of 0.6 1.8% on most assets worth more than €790,000 ($1.05m), including property, jewellery, race horses, wine, boats and private jets (though not works of art).

The splendour you see today was built largely on fortunes amassed during a sugar boom in the early 19th century, when the town's wealthy Spanish merchants invested their riches in opulent mansions greedily stuffed with British china and French-Italian furniture.

Because Piketty wants to change the lever on income inequality by putting a tax on wealth – not on income, which is the stuff of the middle class, but on fortunes themselves, on the money that is invested and reinvested and compounded and grown.

He admonishes himself for not challenging the 35-hour working week introduced by the Socialists in the late 1990s, or the "solidarity tax on fortunes" that targets the richest citizens but is accused by rightwing opponents of driving wealthy people out of the country.

Michael S. McPherson and Morton Owen Schapiro ("A Sensible Tax on Fortunes," Op-Ed, March 22) are on the right track with their proposal to eliminate the estate tax and instead heavily tax recipients of gifts beyond a certain generous threshold.

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Similar(52)

(Alas, to get this data, one has to rely on Fortune).

Jim Farber of the Daily News viewed "Turn Up the Music" as one of the standout tracks on Fortune.

Trent Fitzgerald of PopCrush and Mesfin Fekadu of the Associated Press viewed it as one of the standout tracks on Fortune.

Hazel Robinson of California Literary Review magazine called it one of the many "excellent collaborations" on Fortune.

Women's representation on Fortune 500 boards continues to languish.

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