billionaires only contribute around 0.3% of their wealth in taxes. So do billionaires need to pay more tax?
2% annual tax to be applied to the wealth of billionaires. If it were to go ahead, $250 billion would be generated every year from fewer than 3,000 individuals worldwide
because of the progress we’ve made on international tax co-operation recently, the billionaire tax agenda is technically feasible. The main obstacle is political will
forbes.com/sites/maevecampbell…
A Global ‘Billionaire Tax’ Could Make A Dent In Climate Finance
Countries failed to deliver on an adequate climate finance target at COP29. Would taxing billionaires raise more money?Maeve Campbell (Forbes)
