Hungary Unveils Wealth Tax Plan, Raising Burden on Ultra-Rich
Hungary will impose a wealth tax from next year, Prime Minister Peter Magyar said, fulfilling a election pledge to make the rich shoulder a larger share of public obligations.
The Google co-founder, and world’s fourth-richest person, has spent $102 million so far to put a stop to the one-time, five percent tax on the wealth of California billionaires, according to filings tallied by Bloomberg. California voters can have their say on Proposition 40 for free come November. Posts from this author will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. Posts from this topic will be added to your daily email digest and your homepage feed. A free daily digest of the news that matters most. The Verge is a part of PMX Global, LLC, a subsidiary of Penske Media Corporation. © 2026 VM Publishing, LLC. All rights reserved. Sign in to see your notifications or create an account to join the conversation.

Aug 12, 2026 → Aug 12, 2026
The Google co-founder, and world’s fourth-richest person, has spent $102 million so far to put a stop to the one-time, five percent tax on the wealth of California billionaires, according to filings tallied by Bloomberg. California voters…
Read original at The Verge →1 updates from 1 source.
The Google co-founder, and world’s fourth-richest person, has spent $102 million so far to put a stop to the one-time, five percent tax on the wealth of California billionaires, according to filings tallied by…
Read original at The Verge →What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.
The Google co-founder, and world’s fourth-richest person, has spent $102 million so far to put a stop to the one-time, five percent tax on the wealth of California billionaires, according to filings tallied by Bloomberg. California voters…
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Hungary will impose a wealth tax from next year, Prime Minister Peter Magyar said, fulfilling a election pledge to make the rich shoulder a larger share of public obligations.
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