08/07/2024

A Proposal to Tax the Uber-rich is Gaining Traction

However, there are skeptics

Over the last decade, calls to tax the rich have grown louder around the world — but the needle hasn't exactly moved.

Billionaires are still amassing huge amounts of money each year and they’re paying less in taxes than they have in decades.

Now, the Brazilian government has a new proposal: a 2 percent global wealth tax on the uber-rich. It would impact the 3,000 wealthiest people in the world.

Please select this link to read the complete article from NPR.