What is Nostr?
Emeritus Prof Christopher May /
npub12pw…zvxn
2024-06-25 18:09:57

Emeritus Prof Christopher May on Nostr: Here's Gabriel Zucman's report to the G20 on how a global tax on billionaires would ...

Here's Gabriel Zucman's report to the G20 on how a global tax on billionaires would work and how much it would raise; $250bn a year, since you asked.

Hew recommends a tax of 2% on global wealth, with any billionaires already paying income tax to that level (i.e. equivalent of 2% of their wealth) would be exempted.

including people with a global net worth of $100mn + would raise another $100bn a year.

It will be intersting to see what the G20 make if it.

#inequality

https://gabriel-zucman.eu/files/report-g20.pdf
Author Public Key
npub12pw99cs5a6j6r56yafxt355j8h38hhw6fh3zwunhj99m3gv3nfds7zzvxn