New Report on Extreme Wealth and Potential Wealth Tax Revenue
An annual wealth tax on the world’s richest could raise $1.7 trillion globally.
An annual wealth tax on the world’s richest could raise $1.7 trillion globally.
Having fought for labor rights under a dictatorship, the Brazilian president once again faces a violent far-right movement bent on blocking his pro-worker, pro-democracy agenda.
President Gustavo Petro’s government plans to raise $20 trillion Colombian pesos through a hyper-targeted tax on less than one percent of the country’s top earners. Other nations should take notice.
Voters approved proposals to tax the rich, build worker power, and make housing and education more affordable.