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Economists propose a global wealth tax on billionaires, targeting real estate to raise over $250 billion annually.
Some economists are proposing a global wealth tax on billionaires, which could raise over US$250 billion annually if 2% of their net worth was taxed.
In Australia, taxing unrealized gains in companies is challenging, but real estate could serve as a clear target for a partial wealth tax.
Real estate is harder to move or hide, making it a viable option.
Countries like Sweden and Switzerland offer lessons on implementing such taxes successfully.
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Los economistas proponen un impuesto mundial a la riqueza para los multimillonarios, con el objetivo de que los bienes raíces recauden más de $250 mil millones anuales.