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Taxing 0.5% Richest Can Lead to $2.1 Trillion Wealth Annually, Study Finds

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A recent study by the Tax Justice Network reveals that governments could generate an additional $2.1 trillion annually by implementing a wealth tax similar to Spain’s, which targets the wealthiest 0.5% of households.  This amount is twice what is needed each year to fund climate finance for developing nations, a…

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