The world's richest one percent increased their fortunes by a total of $42 trillion over the past decade, Oxfam said Thursday, ahead of a G20 summit in Brazil where taxing the super-rich tops the agenda.
  • gnutrino@programming.devEnglish
    5·
    4 months ago

    Not sure how you achieve that in a world with multiple nations though. Capital is naturally pretty mobile.

    • Kecessa@sh.itjust.worksEnglish
      21·
      4 months ago

      G20 is currently holding negotiations to start imposing a minimum tax on billionaires, guess which country is against that…

    • blazera@lemmy.worldEnglish
      2·
      4 months ago

      How do you see it play out if we say, in the US, any wealth over the cap gets taxed away.

    • uis@lemm.eeEnglish
      2·
      4 months ago

      Capital is naturally pretty mobile.

      Ban export of capital.