> introduction of a 2% wealth tax on people with more than $10m
Super rich billionaires at this level control goverment spending. They can also hide their assets around the globe.
So this seems like a great way for billionaires to increase their wealth, at expense of "upper middle class" who can not do this. (honestly $10m is not that much)
Great PR from the overlords at Davos. While they're saying this they're designing loopholes to avoid whatever taxes do get approved. We need wealth redistribution but the best they can do is billionaires pretending to care.
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[ 4.4 ms ] story [ 31.1 ms ] threadSuper rich billionaires at this level control goverment spending. They can also hide their assets around the globe.
So this seems like a great way for billionaires to increase their wealth, at expense of "upper middle class" who can not do this. (honestly $10m is not that much)
They are 100% right.