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

    World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
    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 support for a levy o
  • Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires

    Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
    Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisisBillionaires should pay minimum 2% wealth tax, say G20 ministersWhen the governors of the World Bank and the International Monetary Fund convened for the spring meetings last week, it was all about the really big questions. What can the international community do to accelerate decarbonisation and fight climate change? How can highly indebted countries retain fiscal space to invest in povert

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