Study: International Tax on Rich Could Net $250B Annually

Study: International Tax on Rich Could Net $250B Annually
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The Spin

Left narrative

The ultrawealthy are exceptionally adept at evading taxes. Earning from investments, and not salaries, lets them reinvest profits and borrow against their assets tax-free. The proposed global minimum tax on billionaires could both tackle growing inequality and ensure fairer tax contributions.

Right narrative

A global wealth tax on billionaires would be counterproductive. It would deplete their savings and discourage investments crucial for economic growth, hindering long-term economic stability. Managing and enforcing such a tax would also strain existing systems.

Metaculus Prediction


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