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World’s billionaires should pay minimum 2% wealth tax, say G20 ministers

Summary by The Guardian
Brazil, Germany, Spain and South Africa sign motion for fairer tax system to deliver £250bn a year extra to fight poverty and climate crisis‘Why we need a global tax on billionaires’The world’s 3,000 billionaires should pay a minimum 2% tax on their fast-growing wealth to raise £250bn a year for the global fight against poverty, inequality and global heating, ministers from four leading economies have suggested.In a sign of growing international…
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The Guardian broke the news in London, United Kingdom on Thursday, April 25, 2024.
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