US EditionBrazil’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.
41 Articles
41 Articles
Les désaccords géopolitiques ont empêché les grandes nations de publier un communiqué commun, jeudi 29 février. Le Brésil, qui préside en 2024 le « club des vingt », propose un agenda en faveur d’une « nouvelle mondialisation » plus redistributive.
Brazil wants the largest economies in the world to agree that the rich should pay more taxes. The country, which will preside over the G-20 this year, has placed the fight against inequality at the center of the group's debates, and taxes on millionaires were set to be the star proposal of the Finance Ministers' meeting held this week in São Paulo. As he summed up on Thursday, the host, Brazil's finance minister, Fernando Haddad, described the g…
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…
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…
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.
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