from Hacker News

Brazil's plan to tax global super-rich to tackle climate crisis

by kitkat_new on 7/30/24, 10:40 AM with 7 comments

• by smarm52 on 7/31/24, 6:38 AM

  Weird comments not withstanding, a fairly modest plan. It really should be a larger tax, as wealth grows exponentially.

  Piketty, T. (2014). Capital in the twenty-first century. Harvard University Press.

  A ~2% tax isn't going to stop runaway wealth-hoarding.

• by greenhearth on 7/30/24, 2:40 PM

  Interesting that the unit of denomination for these people is "family." Raises all kinds of connotations for these freaks, from mafia to incest.

• by throwawa14223 on 7/30/24, 3:54 PM

  I do not have words for how evil this is. Everyone involved in this plan needs to be lawfully tried for their crimes.

• by cebert on 7/30/24, 11:00 AM

  Could taxing wealth potentially result in even more consumption as spending results in having less wealth to tax?

• by bdjsiqoocwk on 7/31/24, 7:15 AM

  Maybe Brazil should start by focusing on logging in the Amazon.