Author: Pablo Sempere ,Laura Delle Femmine

A group of 19 former heads of state and government are urging U.S. President Joe Biden and other G-20 leaders to support a new tax proposal aimed at raising up to $250 billion annually by levying a special tax on the 3,000 wealthiest individuals globally. The signatories, including prominent figures like Dominique de Villepin and Michelle Bachelet, argue that billionaires pay lower tax rates than teachers and cleaners, leading to extreme inequality and social unrest. The proposed tax would require individuals with assets over $1 billion to pay at least 2% of their wealth annually, potentially generating significant revenue for…

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