11 November 2025
Improving the Taxation of Wealthy Individuals in LowIncome Countries Through Existing Measures
Published by: T20
Many scholars focused on the potential of wealth taxes, including through work funded by the G20, which led to the proposal of an individual tax of 2% on the combined income and wealth of billionaires and centimillionaires. The introduction of such a measure would be a welcome development, but it will also take a substantial amount of time and require investment of significant political capital.