For years, calls to tax the rich have only gotten louder — while the world’s wealthiest have only gotten richer.
But during the Group of 20 summit, leaders from the globe’s largest economies have agreed to ensure ultra-high net worth individuals are appropriately taxed.
“This is the first time we have a global agenda talking about how to tax, globally and through coordinated principles, rich individuals,” said Susana Ruíz, the international tax lead at Oxfam International. “Before that, it was completely banned from the agenda.”