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by toomuchtodo 845 days ago
> As the super wealthy don't have a public bank account with billions of $ under their own name, but have their wealth under various entangled corporations, trust funds and non-profits, spread across various tax jurisdictions on and off shore, making very difficult to tax.

Report it and have it taxed. A private company can land a rover on the moon but we can't perform ETL operations on asset reporting?

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Relevant: https://www.theguardian.com/news/2024/feb/29/taxation-worlds... ("‘A historic step’: G20 discusses plans for global minimum tax on billionaires ")