A 2% levy would affect about 100 billionaire families, says the country’s climate chief, but the $250bn raised could be transformative
Transformative? It’s 1% or less of global tax revenue. That $25 trillion and more they already piss up against the wall.
This is the very definition of marginal, not transformative.
Fiona Harvey Environment editor
Why’d they use the environment bint, not the economics one, to write this story?

‘Morally, nobody’s against it’: Brazil’s radical plan to tax global super-rich to tackle climate crisis
Well I’m against it for one.
It is immoral to impound the wealth of others and immoral then to apply it to an imaginary problem.
To solve our economic problems, we’ll tax foreigners living abroad.
@jgh
Here you go
https://youtu.be/MmOHx5Ftez8?t=102