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A global wealth tax could become a reality

A global wealth tax could become a reality

At the G20 meeting, Brazil’s finance minister proposed a global tax on the super-rich to combat “rampant tax evasion.” Fernando Haddad suggested that the problem of tax evasion could be solved through international cooperation so that “these few people can contribute to our society and to the sustainable development of the planet.”

Brazil is pushing for G20 members to adopt a declaration on international taxation, which could be ready in July. At the press conference following the meeting, the minister indicated that the path will not be easy.

When planning long-term, you need to take into account that the introduction of such a tax may be quite realistic.

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