America’s Billionaires Continue to Flock to Wyoming - The New York Times

kept by eddie mar 03

The 2017 tax cuts fueled an unprecedented boom in billionaire wealth, driving a surge of America's richest individuals to relocate to Wyoming.

How to convert between wealth and income tax
Graham's attempt to equate a 1% wealth tax with a 20% income tax hike is widely rejected as misleading because it ignores that wealthy income comes from capital gains, not labor, and that the wealthy often pay little income tax.
also on #tax-policy, #wealth-inequality
What the Stock Market’s Record Rally Has to Do With Rescuing the Yen
U.S. intervention to stabilize the yen is linked to global market dynamics driven by AI-related investments, showing how currency policy and tech-driven capital flows are deeply interconnected.
also on #us-economy
Switch to Codex
Codex lets users import their agent configuration from ChatGPT and other tools to resume work with fewer interruptions.
also on #migration
Here Are the Top 250 Private Wealth Management Teams of 2026 - Barron's
The richest 0.1% of U.S. households now control 14.5% of total wealth, up from 8.7% in 1990, driving growth in top wealth management teams.
also on #wealth-inequality
How a Job at OpenAI Became the Greatest Lottery Ticket of the AI Boom - WSJ
OpenAI allowed employees to sell up to $30 million each in a financing, with 75 workers pocketing the full amount collectively making $6.6 billion.
also on #wealth-inequality