Plan to tax super-rich globally discussed by G20
RIO DE JANEIRO, Brazil: Finance ministers from major economies, both rich and developing, convened in Rio de Janeiro to discuss a global tax on the super-rich, a key initiative for Brazil, currently holding the G20 presidency.
The proposal would require individuals with assets exceeding US$1 billion to pay an annual tax equivalent to two percent of their wealth.
Brazil's Finance Minister Fernando Haddad