Wealth taxes based on unrealized gains and a global tax collector of last resort. Nice, very nice commie shit.
"Describing his plan as a top-up to income tax so that billionaires paid an annual tax bill worth ****at least 2% of their wealth****, Zucman said progressive taxation was a “key pillar of modern societies”."
"Zucman said valuing the wealth of billionaires would be relatively simple because most of it was held in the form of shares. His report said it could be enforced successfully even if all countries did not adopt it, by strengthening current exit taxes (levies on rich people taking their money to a non-participating jurisdiction) and implementing ****tax collector of last resort****"
“Addressing billionaire wealth should be viewed as the initial step; if we aim to safeguard democracy from the corrosive effects of extreme wealth, then multimillionaires like me should also be prepared to pay more – and take pride in contributing their fair share.”
