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G20 finance ministers discuss a global tax on the super-rich

Summary by Click on Detroit
Finance ministers from leading rich and developing nations gathered in Rio de Janeiro on Thursday for a two-day meeting to discuss a global tax on the super-rich, a top priority for Brazil, which holds the presidency.According to the proposal before the Group of 20, individuals with over $1 billion in total assets would be required to pay the equivalent of 2% of their wealth in income tax.Brazil's Finance Minister Fernando Haddad told reporters …
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  • 40% of the sources lean Left, 40% of the sources are Center
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