No more fiscal favours? Calls to tax super-rich gain traction around world

3 months ago 28

Even rightwing governments are joining in with G20-led push to make wealthy pay, with Italy doubling flat tax on foreign income

Calls for higher taxes on the super-rich are gaining traction and even conservative governments are joining in.

In Rome, ministers in Giorgia Meloni’s rightwing administration have doubled a “flat tax” on foreign income from €100,000 to €200,000 (about £85,500-£171,000) that a previous government brought in to attract wealthy investors.

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