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World’s billionaires should pay minimum 2% wealth tax, say G20 ministers (www.theguardian.com)

submitted 7 months ago by bot@lemmit.online to c/worldnews@lemmit.online

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The original was posted on /r/worldnews by /u/3kOlen on 2024-04-25 11:31:37.

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[–] ApostleO@startrek.website 2 points 7 months ago* (last edited 7 months ago)

US billionaires hold a collective $4.5 Trillion. A 2% wealth tax would be $90 Billion. That's simultaneously a shitload of money that could do so much good, and also a drop in the bucket for the US budget and deficit.

We need to raise taxes on the wealthy so, so much to save this country.