Did You Know?

Gabrdiel Zucman’s June 2024 report presents a proposal for coordinated international efforts to ensure that ultra-rich individuals – i.e. individuals with more than $1 billion in wealth – would be required to pay a minimum amount of tax annually, equal to 2% of their wealth!

If you want to learn more, check out Gabriel’s full report here.

A presentation of this report states that progressive taxation is a key pillar of modern societies.

A progressive tax system:

  • Strengthens social cohesion and trust in governments
  • Contributes to fund the public goods that drive economic growth
  • Is key to distribute the gains from globalization fairly.

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