From rare Rolexes and Birkin bags to multimillion-dollar art collections, wealthy borrowers are unlocking quick cash from luxury assets—skipping banks and paperwork in favor of speed and discretion.

Mayor Zohran Mamdani says he wants to raise taxes on New Yorkers who earn more than $1 million per year. Some millionaires actually agree with him. By Emma G. Fitzsimmons Craig Kaplan has hosted ...

Loading the Elevenlabs Text to Speech AudioNative Player... Defending the rich nowadays is a tricky business. Vulture capitalists have given the rich a very bad name, especially as some don’t build ...

Washington State just enacted a historic “millionaire tax”—and as organizers set their sights on state legislatures, more could soon follow suit. The Fair Games Coalition launches its "Overpaid CEO ...

Mr. Liscow is a professor at Yale Law School. See more of our coverage in your search results.Encuentra más de nuestra cobertura en los resultados de búsqueda. Add The New York Times on GoogleAgrega ...

Beware of any politician who gleefully celebrates taxation like normal people would a sacred holiday. Unfortunately, it’s too late for us New Yorkers. Our city foolishly elected Zohran Mamdani, who ...

A billionaire acquaintance of mine who moved from Manhattan to Miami during the pandemic was talking with me recently about New York City’s proposed pied-à-terre tax—an annual surcharge on second ...

This is read by an automated voice. Please report any issues or inconsistencies here. Death and taxes may be inevitable. A big bill for your heirs is not. The rich have made an art of avoiding taxes ...

IT IS NO secret that inequality grew in much of the rich world in the 1980s and 1990s and has remained relatively high since. In 1980 the top 1% of Americans commanded 9% of pre-tax income, rising to ...

This is your first of three free stories this month. Become a free or sustaining member to read unlimited articles, webinars and ebooks. Mayor Zohran Mamdani’s recently proposed pieds-à-terre tax is ...

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See more of our coverage in your search results. Add The New York Post on Google In today’s politics, you don’t need a solution — you just need someone to blame. And more often than not, that someone ...