Published 5 months ago

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

The G20 meeting in Sao Paulo discussed implementing a global tax on the super-rich to combat tax evasion. Brazil's finance minister emphasized international cooperation for this goal.
Scandals like the Panama and Paradise Papers have exposed widespread tax evasion, intensifying the wealth gap amplified by the pandemic, according to Oxfam International.
Calls for higher taxes on the wealthy are increasing due to rising inequalities. U.S. President Joe Biden has proposed a billionaire minimum income tax, supported by the United Nations General Assembly.

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The Guardian

‘A historic step’: G20 discuss plans for global minimum tax on billionaires

Leaders gather in Brazil to explore solutions to the hypermobile super-rich avoiding taxThe G20 group of the world’s most powerful nations are exploring plans for a global minimum tax on the world’s 3,000 billionaires, aiming to end a “race to the bottom” that has enabled the super-rich to pay less than the rest of the population.Leaders gathering in São Paulo on Thursday for a key G20 meeting of finance ministers and central bank governors are …

5 months ago·London, United Kingdom

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Associated Press News

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

The gap between the super-rich and the bulk of the global population has been supercharged since COVID-19's onset, according to Oxfam International.

5 months ago·United States

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abc News

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister told his peers during a G20 meeting in Sao Paulo that countries should implement a global tax on the super-rich in an effort to tackle rampant tax evasion

5 months ago·United States

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KIFI

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

By ELÉONORE HUGHES Associated Press RIO DE JANEIRO (AP) — Brazil’s finance minister told his peers during a G20 meeting in Sao Paulo that countries should implement a global tax on the super-rich in an effort to tackle rampant tax evasion. Fernando Haddad said Thursday that tax evasion can be resolved through international cooperation so that “these few individuals make their contribution to our societies and to the planet’s sustainable developm…

5 months ago·Idaho Falls, United States

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The Washington Post

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister told his peers during a G20 meeting in Sao Paulo that countries should implement a global tax on the super-rich in an effort to tackle rampant tax evasion

5 months ago

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Globo

Brazil proposes taxing the super-rich, but sees no consensus within the G20

Expectation is that the proposal will not be closed in the final communiqué of the meeting that brings together ministers of global powers in São Paulo

5 months ago·Brazil

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Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

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‘A historic step’: G20 discuss plans for global minimum tax on billionaires

‘A historic step’: G20 discuss plans for global minimum tax on billionaires

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil’s finance minister proposes global tax on the super-rich at G20 meeting in Sao Paulo

Brazil proposes taxing the super-rich, but sees no consensus within the G20

Brazil proposes taxing the super-rich, but sees no consensus within the G20

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