Tax the super-rich, says new report commissioned by G20 chair Brazil

In a new report, commissioned by Brazil for its G20 presidency, French economist Gabriel Zucman says an international scheme to impose a global minimum tax on the world's richest individuals is technically feasible and that a 2% wealth tax on 3,000 billionaires could generate more than 200 billion dollars in revenue.  Plus, the summer sales have kicked off here in France.  But the month-long period isn't as successful as in the past, when promotional sales were more restricted. 

Jun 27, 2024 - 04:00
182116
Tax the super-rich, says new report commissioned by G20 chair Brazil
In a new report, commissioned by Brazil for its G20 presidency, French economist Gabriel Zucman says an international scheme to impose a global minimum tax on the world's richest individuals is technically feasible and that a 2% wealth tax on 3,000 billionaires could generate more than 200 billion dollars in revenue.  Plus, the summer sales have kicked off here in France.  But the month-long period isn't as successful as in the past, when promotional sales were more restricted. 
Original Post >>    

This article has been sourced from various publicly available news platforms around the world. All intellectual property rights remain with the original publishers and authors. Unshared News does not claim ownership of the content and provides it solely for informational and educational purposes voluntarily. If you are the rightful owner and believe this content has been used improperly, please contact us for prompt removal or correction.