Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday.

cross-posted from: https://lemmy.ca/post/7812500

PARIS, Oct 23 (Reuters) - Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday.

If levied, the sum would be equivalent to only 2% of the nearly $13 trillion in wealth owned by the 2,700 billionaires globally, the research group hosted at the Paris School of Economics said.

  • ubermeisters@lemmy.worldEnglish
    31·
    1 year ago

    New instance popping up doesn’t mean people will use that over the larger instance. Also it’s super obnoxious dealing woth everyone wanting to be the power mod of thier own little community. Mod abuse here is 500x worse than Reddit ever was. At least reddit mods couldn’t creep on users via instance metrics.