World’s billionaires should pay minimum 2% wealth tax, say G20 ministers
JJROKCZ @ JJROKCZ @lemmy.world Posts 0Comments 1,506Joined 2 yr. ago
JJROKCZ @ JJROKCZ @lemmy.world
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That’s your income not your net worth, 2% of your net worth would be taking the value of all your cash + stocks/investments/businesses + assets like cars/homes/land/collectibles/jewelry/etc and taxing 2% of that value.
Your income shouldn’t be your net worth unless you’re honestly spending every dime of every check