Why are billionaires scared of Brazil’s plan to hit them with a global tax? Because it makes perfect sense | Larry Elliott
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May 2, 2024, 6:00 am83 ptsAs the fortunes of the super-rich soar, a proposed annual levy of 2% could offer a corrective – and they will fight it tooth and nail The idea is simple. There are about 3,000 billionaires in the world and in recent years they have been getting richer and richer. Demands on hard-up governments…
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