Name: Althea Marie Zerda Score:

Gr. & Sec: 8 Happiness

A global tax on billionaires is on agenda

Source: https://edition.cnn.com/2024/03/01/business/g20-billionaire-global-minimum-tax/
index.html

“For taxing Billionaires it’s the willie Sutton rule, he’s a guy who said he robbed banks
because that’s where the money is. Tax billionaires because that’s where the money is
right now. Well, it’s the easiest one John. I mean if you think by we look in history
right, you typically don’t go there initially because they’re bringing income into the
economy right? Well what’s the other countries on trade goods, on tariffs, on specific
goods that they know they can grab that. But we live in an economy now is really
interconnected where there isn’t that much Delta, meaning that much money that they
can make up other specific countries. So when you think about the lowest resistance,
the easiest pool, when it can be the billionaires in that aspect to be able to come as a
global tax.”