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flag UK tax agency admits it doesn't track how much billionaires pay, sparking debate on wealth tax.

flag Britain's tax agency admits it doesn't know how much tax billionaires pay, fueling support for a wealth tax. flag Despite the global trend and potential to generate £11 billion annually with a 2% tax on assets over £10 million, challenges like legal hurdles, tax evasion, and capital flight make it a complex solution. flag Critics argue focusing on wealth taxes may overlook other economic inequalities.

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