G20 stumbles on billionaire tax, climate and war

The Group of 20 Leaders’ summit is on track to fall well short of its stated goals this year – again.

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Copy link Copied Copy link Copied Subscribe to gift this article Gift 5 articles to anyone you choose each month when you subscribe. Already a subscriber? Login Rio de Janeiro | The Group of 20 Leaders’ Summit is on track to fall well short of its stated goals this year amid the spectre of America under Donald Trump, and so-called developing nations running interference on climate change, Russia and taxing the super rich. Summit host Brazil is seeking support for a 2 per cent minimum tax on the world’s billionaires that would generate $US200 billion ($307 billion) to $US250 billion a year to be used to help alleviate poverty and climate change.

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