139
Brazil, France, Spain, Germany and S. Africa Push To Tax Billionaires 2% Yearly; US Says No
(www.ibtimes.co.uk)
this post was submitted on 22 May 2024
139 points (96.6% liked)
World News
32322 readers
1733 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If you would have read the article, you would have noticed it's a wealth tax, not an income or gains tax.
What does that matter? 2% of a billion is 20 million. Do you seriously think their wealth doesn't grow by at least 20 million a year? Do you think their wealth doesn't grow by more than 2% every year? It should not be growing, it should be diminishing!
I'll repeat myself: 2-6% is a fucking joke.
To be fair though, it's not nothing (unlike the USA). They have to start somewhere, I'll give 'em that.