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    1. A new survey of adult citizens in 18 of the world’s largest economies has revealed majority support for tax reforms and broader political and economic reform.

      Around two-thirds (68%) of citizens across 17 G20 countries surveyed back a wealth tax on wealthy people as a means of funding major changes to our economy and lifestyle, with only 11% opposed, while 70% support higher rates of income tax on wealthy people, and 69% favor higher tax rates on large businesses, according to the survey conducted by Ipsos.

      Support for a wealth tax on wealthy people is highest in Indonesia (86%), Turkey (78%), the UK (77%) and India (74%). Support is lowest in Saudi Arabia (54%), and Argentina (54%), but still over half the respondents surveyed. In the United States, France and Germany, around two in three of those surveyed support a wealth tax on wealthy people (67%, 67% and 68% respectively).

    2. It’s a shame it just leads to businesses and wealthy people moving to tax havens. Meaning even less from them.

      But I suppose a lot of wealthy people rather take of the hit than move too. Same with companies might feel they can’t survive by not being in certain markets.

    3. TrueCryptographer982 on

      I’m always cautious of surveys that produce the results but not the actual questions asked. Without knowing how the subject was broached its hard to know how much credence to give the results. e.g. define „wealthy“

      I am sure recipients in India see wealthy as very different to recipients in the U.S. for example.

      More context required.

    4. Realistic_Towel_5534 on

      Always the problem with this is it’s NEVER the „rich“ that pays, it’s the middle class to upper middle class, rich people have a hundred different ways of getting around tax laws because they are rich, like spending a million dollars to not pay taxes on 20 million dollars is something only rich people can do.

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