G20 Nations Take ‘Important Step’ Toward Fair Taxation of Ultra-Rich | Common Dreams

G20 Nations Take 'Important Step' Toward Fair Taxation of Ultra-Rich | Common Dreams

Despite pushback from the United States delegation, finance ministers at a meeting of the G20 countries in Rio de Janeiro on Thursday agreed on the need to develop a global taxation system in which the richest in the world are taxed at a higher rate—potentially unlocking hundreds of billions of dollars annually to help close … Read more

Janet Yellen says America won’t back a billionaire tax

Janet Yellen says America won't back a billionaire tax

World leaders are considering a global tax on the world’s richest people, but the U.S. does not support the idea.