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Published 11 days ago

G20 ministers get behind a global wealth tax on billionaires

Summary by Mother Jones
This story was originally published by the Guardian and is reproduced here as part of the Climate Desk collaboration. The world’s 3,000 billionaires should pay a minimum 2 percent tax on their fast-growing wealth to raise about $313 billion 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 on the super-rich, Braz…

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