Visualizing the Impact of a 2% Wealth Tax on the Ultra-Rich

What We’re Showing

This graphic shows the revenue potential of a minimum tax on the world's billionaires, equal to 2% of their wealth. Data comes from the Global Tax Evasion Report 2024.

Key Takeaways 

• In July 2024, close to 20 former heads of state and government of G20 and higher-income countries called on current leaders to support a “new global deal to tax the world’s ultra-rich individuals” in an open letter.
• According to the EU Tax Observatory, a minimum 2% tax on the ultra-rich could generate $214 billion in government revenue globally.