this post was submitted on 22 May 2024

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Brazil, France, Spain, Germany and S. Africa Push To Tax Billionaires 2% Yearly; US Says No (www.ibtimes.co.uk)

submitted 4 months ago by yogthos@lemmy.ml to c/worldnews@lemmy.ml

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[–] JohnBrownsBussy2@hexbear.net 18 points 4 months ago* (last edited 4 months ago) (2 children)

The proposal is for a globally-levied tax. Where exactly is capital going to fly to?

[–] Dolores@hexbear.net 16 points 4 months ago (1 children)

DPRK, they dont have income tax garf-troll

[–] PolandIsAStateOfMind@lemmy.ml 10 points 4 months ago

Confused libertarian noises

[–] CanadaPlus@lemmy.sdf.org 6 points 4 months ago* (last edited 4 months ago)

If they could get totally global coordination to work, sure. Every single nation signing up is a pipe dream though. If that's how the proposal was actually written it was never intended to pass.