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Global Billionaire Tax Debate
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G20 finance officials are considering a global minimum tax on billionaires to tackle low tax rates. The EU Tax Observatory suggests a 2% global tax could yield $250 billion yearly, but challenges exist due to billionaires' mobility and tax jurisdiction complexities.
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How could this proposed tax influence the behavior and investment decisions of billionaires?
How might the implementation of a global billionaire tax impact income inequality?
What strategies could be employed to overcome the challenges associated with taxing billionaires worldwide?
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