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Spain and Brazil push global action to tax the super-rich and curb inequality
Spain and Brazil have launched a joint initiative to promote higher tax contributions from the super-rich worldwide, aimed at tackling soaring inequality by ensuring those with the most pay their fair share.
“ We cannot tolerate the intensity of inequality, which has been increasing in recent years,” said Brazil’s Minister-Counsellor to the UN, José Gilberto Scandiucci denying that this was some kind of far-leftist agenda. It also follows the 2024 agreement by the G20 industrialised nations who met in Rio (Brazil) last year – the first international accord to commit to a joint tax agenda for high-net-worth individuals. The goal – bring more countries, international organisations and civil society on board to push forward tax reforms targeting the ultra-rich.
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