World News

568 readers

12 users here now

A place for major news from around the world, excluding US-internal news.

founded 2 years ago

MODERATORS

bot@lemmit.online

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

submitted 8 months ago by bot@lemmit.online to c/worldnews@lemmit.online

3 comments fedilink hide all child comments

This is an automated archive made by the Lemmit Bot.

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

you are viewing a single comment's thread
view the rest of the comments

[–] ApostleO@startrek.website 2 points 8 months ago* (last edited 8 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.