Voluntary taxes for the rich and other bad ideas

Voters in Switzerland on Sunday rejected a measure that would have introduced a uniform tax rate on the wealthy across all of the country’s 28 Cantons, or states

Tina Turner, Phil Collins and Michael Schumacher can all breathe a sigh of relief this morning.

Voters in Switzerland on Sunday rejected a measure that would have introduced a uniform tax rate on the wealthy across all of the country's 28 Cantons, or states. Currently, the Cantons compete against each other for lower rates to attract rich residents and such celebrities as Turner and Collins.

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Jamie Dimon Says Private Credit Is Dangerous—and He Wants JPMorgan to Get In on It