Sabeer Bhatia backs 55% inheritance tax proposal
In short
Sabeer Bhatia again said he supports a 55% inheritance tax. He said it would mostly affect the top 2-3% of very wealthy people, while 97-98% would not be hit.
This matters because it points to a tax idea aimed at the richest households. The report does not say when or where the proposal would be applied.
What the reporting says
Sabeer Bhatia reiterated support for a proposed 55% inheritance tax, saying it would mainly affect the super-wealthy. The only available reporting says he argued the tax would hit the top 2-3% who control disproportionate assets, while 97-98% would be unaffected. The exact policy status, timing, and jurisdiction are not stated in the available reporting.
Why it matters
Sabeer Bhatia reiterated support for a 55% inheritance tax, according to the available reporting. He said the tax would mainly affect the top 2-3% of super-wealthy people who hold disproportionate assets, leaving 97-98% unaffected. The reporting does not state the policy’s status, where it would apply, or whether any decision has been taken.