Finance ministers of the Group of 20 in Brazil discuss tax on super-rich

Brazil's President Luiz Inacio Lula da Silva waves during the opening event of the Global Alliance Against Hunger and Poverty meeting, on the sidelines of the G20 Ministerial Meetings in Rio de Janeiro, Wednesday, July 24, 2024. – Finance ministers from leading rich and developing nations gathered in Rio de Janeiro on Thursday for a two-day meeting to discuss a global tax on the super-rich, a top priority for Brazil, which holds the presidency.

An agreement on a global tax on billionaires is necessary to diminish the attractiveness of tax havens, said economist Bruno Carazza, a professor at the Dom Cabral Foundation, a business school. The richest 1% have amassed $42 trillion in new wealth over the past decade, nearly 36 times more than the entire bottom 50% of the world’s population, according to an Oxfam analysis released Thursday ahead of the finance ministers’ meeting.“At the top of the pyramid, tax systems stop being progressive and become regressive. The super-rich pay proportionally much less tax than the working class,” Lula said.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Finance ministers of the Group of 20 in Brazil discuss tax on super-richFinance ministers from leading rich and developing nations have gathered in Rio de Janeiro for a two-day meeting to discuss a global tax on the super-rich, a top priority for Brazil, which holds the presidency.
Fuente: ksatnews - 🏆 442. / 53 Leer más »

Finance ministers of the Group of 20 in Brazil discuss tax on super-richFinance ministers from leading rich and developing nations have gathered in Rio de Janeiro for a two-day meeting to discuss a global tax on the super-rich, a top priority for Brazil, which holds the presidency.
Fuente: AP - 🏆 728. / 51 Leer más »

The Fair Park finance mess must be cleared upFair Park First must elevate transparency above other concerns or risk wrecking the trust that it worked so hard to build in Dallas.
Fuente: dallasnews - 🏆 18. / 71 Leer más »

Hong Kong eyes DeFi, DAO spent $37M to help free Julian Assange: Finance RedefinedThe AssangeDAO core team member said this could be considered the first historical event in which the DeFi community contributed to releasing someone from prison.
Fuente: Cointelegraph - 🏆 562. / 51 Leer más »