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World's richest 1% gained $40 tn in a decade: Oxfam (www.france24.com)

submitted 1 month ago by alphacyberranger@sh.itjust.works to c/world@lemmy.world

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[-] gnutrino@programming.dev 5 points 1 month ago

Not sure how you achieve that in a world with multiple nations though. Capital is naturally pretty mobile.

[-] Kecessa@sh.itjust.works 23 points 1 month ago

G20 is currently holding negotiations to start imposing a minimum tax on billionaires, guess which country is against that...

[-] TexasDrunk@lemmy.world 7 points 1 month ago

Vatican City? Please, please be Vatican City.

(I know it isn't)

[-] uis@lemm.ee 2 points 1 month ago

Capital is naturally pretty mobile.

Ban export of capital.

[-] blazera@lemmy.world 2 points 1 month ago

How do you see it play out if we say, in the US, any wealth over the cap gets taxed away.

[-] MCasq_qsaCJ_234@lemmy.zip 2 points 1 month ago

It will only cause more capital to go to tax havens.

[-] blazera@lemmy.world 2 points 1 month ago

Still count it towards their wealth

this post was submitted on 25 Jul 2024

746 points (100.0% liked)

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