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Brazil, France, Spain, Germany and S. Africa Push To Tax Billionaires 2% Yearly; US Says No (www.ibtimes.co.uk)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 46 points 1 month ago* (last edited 1 month ago)

The US's resistance stems from concerns that a global wealth tax might deter investment, prompt capital flight, and potentially impede economic growth.

' We are to selfish to impose such a thing, here's our pretend stance on why; We will refuse to invest if you force us to help humanity. '