Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday.

cross-posted from: https://lemmy.ca/post/7812500

PARIS, Oct 23 (Reuters) - Governments should open a new front in the international clampdown on tax evasion with a global minimum tax on billionaires, which could raise $250 billion annually, the EU Tax Observatory said on Monday.

If levied, the sum would be equivalent to only 2% of the nearly $13 trillion in wealth owned by the 2,700 billionaires globally, the research group hosted at the Paris School of Economics said.

  • alvvayson@lemmy.worldEnglish
    61·
    9 months ago

    That was only possible in reddit because the admins have all the power.

    In the Fediverse, they might take over the most popular instances, but a new instance can pop up anywhere.

    Decentralization is extremely powerful. Just look at the resilience of piracy, darknets and crypto. They can’t be controlled and neither can the Fediverse.

    • ubermeisters@lemmy.worldEnglish
      31·
      9 months ago

      New instance popping up doesn’t mean people will use that over the larger instance. Also it’s super obnoxious dealing woth everyone wanting to be the power mod of thier own little community. Mod abuse here is 500x worse than Reddit ever was. At least reddit mods couldn’t creep on users via instance metrics.