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Major economies follow US in rejecting global wealth tax by end of 2024?
4
Resolution / Starting Odds
Yes • 50%
No • 50%
Public announcements or policy statements by governments of major economies
Story
U.S. Opposes Global Wealth Tax on Billionaires, Yellen Says: WSJ
May 20, 2024, 11:59 AM
The United States opposes a proposed global wealth tax on billionaires, Treasury Secretary Janet Yellen stated, as reported by WSJ. This stance rejects the idea put forward by Brazil, France, and other nations aiming to address economic inequality by imposing a tax on the wealthiest individuals. Yellen's announcement underscores the U.S. government's position against such a global tax initiative.
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