Ministers in France, Brazil and other nations have been pioneering an idea to tip the economic scales away from the megarich. Brazil is this year leading the group of 20 major economies, known as ...
The Treasury secretary came out against the proposed global levy, which proponents say would stop the rich from shifting wealth into countries where they can avoid paying the tax. FRANKFURT—The ...
FRANKFURT—The U.S. opposes a proposed global wealth tax on billionaires, Treasury secretary Janet Yellen said, rejecting an idea floated by Brazil, France and other nations to tip the economic ...