Calls to tax billionaires are growing. Is there a better way to tax the rich?
Don Arnold/Getty Images Should billionaires pay more tax? Californians will vote for whether to introduce a billionaire tax in November. In the United Kingdom, economists recently called for a net wealth tax on assets over £10 million (about A$19 million). Australia may seem absent from the debate, but it shouldn’t be. The same question confronting other countries applies here too: should people with extraordinary wealth contribute more tax, and if so, what’s the best way to achieve it? How do…
Where: Sydney, Australia, California, Washington, United Kingdom
Exact coordinates
sydney: -33.870, 151.210
australia: -25.270, 133.780
california: 36.780, -119.420
washington: 38.910, -77.040
united kingdom: 55.380, -3.440
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