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Spain and Brazil push global action to tax the super-rich and curb inequality

Spain and Brazil push global action to tax the super-rich and curb inequality Presented during the UN’s 4th International Conference on Financing for Development – taking place this week in Sevilla, Spain – the proposal highlights a growing problem: the richest individuals often contribute less to public finances than ordinary taxpayers, thanks to lower effective tax rates and legal loopholes.“Our countries need more and more public revenues to meet their needs. Inequality is a problem everywher...

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