Group of Ex-World Leaders Calls on G20 to Tax the Ultra Wealthy

July 11, 2024, 2:23 PM UTC

Former heads of state from across the globe called on Group of 20 country leaders to back a proposal for a global minimum wealth tax on the world’s wealthiest individuals.

“Across the world and political spectrum, taxing the ultra-rich enjoys consistent popular support, even among the ultra-rich themselves,” the group wrote in a letter released Thursday. “The leadership of the G20 was vital to securing a global deal for a minimum tax on corporations. Now it’s time to do the same for the ultra-rich.”

The letter was published by Club de Madrid, a forum of democratic former presidents and prime ...

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