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Index/Topics/Wealth Tax Proposal

Wealth Tax Proposal

A proposed wealth tax in California, mentioned as an example of a policy being labeled as 'asset seizure' by some commentators.

Fact-Checks

3 results
Jan 28, 2026
Most Viewed

Trump's property seized?

The short answer: as of the available reporting, ’s property has not been physically seized, but Attorney General Letitia James has taken legal steps that would permit seizure if Trump fails to post t...

Feb 4, 2026

How have policymakers and the Treasury responded to the ProPublica findings in proposals for wealth taxes or minimum taxes on unrealized gains?

’s 2021 exposé on how the ultrawealthy pay very low income taxes prompted a flurry of policy responses that range from -led minimum‑tax designs to and state proposals aimed at taxing accrued wealth an...

Feb 3, 2026

Are Trump's assets being seized?

Courts and ’s attorney general have moved to secure a multi‑hundred‑million judgment against by filing judgments and imposing bond requirements that, if unmet, open legal pathways to seize assets; how...

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