Die Milliardäre der Welt sollten eine Vermögenssteuer von mindestens 2 % zahlen, sagen die G20-Minister

27 comments

1. Then we can make more missiles!

2. Otherwise what’s the point of billionaires?

3. The risk of taxing the ultra rich is that they might move their business elsewhere with lower taxes. So G20 is the appropriate platform the enforce such a policy.

4. Especially Taylor Swift

5. Make it 70%

6. The problem with this, and one that very few redditors seem to appreciate, is that wealth does not equal cash available to pay taxes. A lot of billionaire “wealth” exists purely on paper, i.e its their share of a company or some other illiquid assets.

   Meaning that if you want to take say 2% of Bill Gates’s wealth, that will most likely be in the form of Microsoft shares. For that to be usable tax money, someone would need to buy out those shares from him in cash, but that’s a tall order as a lot of assets/shares are not that liquid in such quantities, i.e there just isn’t really someone out there who would realistically make such a purchase.

7. I’m not one for letting government decide what to do with the money I’ve earned, especially considering their track record and shady financial practices

8. Don’t they move out of G20 countries to avoid taxation? US citizens must pay taxes to the US even if they live in other countries. But some other countries are not like that. Citizens can move to other countries and do not need to pay taxes.

9. Why do we still have this dumbass argument? Hey my Funko collection of valued at $5000 but of nobody will actually buy it for that, should I pay taxes on $5000?

   Wealth tax is just not realistic.

10. Starting with G20 Ministers.

11. Would this force them to liquidate a pretty hefty amount of assets?

    *edit* this is not a reason for not doing it, just saying that there would be some difficult to calculate consequences

12. I am definitely not an economist. But I was thinking the other day why there isn’t just a flat for everyone and every corporation with no loopholes.

13. What we need is heavy taxation on credits when you have the assets.

14. Ministers should also pay tax and stop hiding behind religion. It’s as simple as 10% flat tax.

15. Which state would collect? Everyone? Lol.

16. Maybe 2% at 1 billion and then add 1% for every billion up to 💯.

17. People have already pointed out that most of ultra rich people have majority of their wealth in things like stocks, and not in cash. The stocks are not liquid assets, they have to be sold, and selling 2% of your wealth in stocks would mean selling tens of million in stocks, maybe billions in some exceptional cases.

    That would cause a regular, annual stock market collapse.

18. **2%???**

    Really? That’s the best we can manage?

19. If they move their business, there should be higher tax on their individual products. For example, the U.S put higher taxes on stuff made elsewhere and shipped to the U.S. They still make their billions from the U.S so they need U.S consumer money but don’t want to pay the tax to support the country.

20. 2%? I think the number needs to be a lot higher than that if we are gonna stop the mass wealth transfer into the .01%

21. If a billionaire is floating around on his yacht all year, in international waters, who should he be paying his 2% wealth tax to?

22. Just tax personal loans over $1,000,000 that aren’t for the purchase of a primary residence as income.

23. Wait a min , we already have G20  countries.  Why don’t the rich af countries help the poor, work on the environmental problems that on their land and probably stop the Shrimps towers and the sea food buffets ? 

    What is this unrealistic bs of an article? 
    They didn’t even mentioned the names of the  G20 “ministers”.  

    This felt like an ad 

24. World’s billionaires to G20 ministers: Oi, fuck off.

    Narrator: And indeed they fucked off.

25. How does this even work? What if someone loses their jewelry at the bottom of the ocean. Does that person still pay wealth tax on it?

26. First steps to Worldwide taxation (only regular people will actually be effected)

27. In order to know how much a billionaire has, we would need to send tax inspectors into their houses, to assess their property every year.

    But we don’t know who the billionaires are until we inspect. So we have to send inspectors into everybody’s houses every year.

    Grandma in a housing estate might have a ₤10m Picasso sketch on the wall that she got for ₤2 at a flea market! We don’t know until we send the inspectors!