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Other examples include the proposals of ICRICT and those of French economist Gabriel Zucman, within the framework of Brazil's G-20 presidency, for the creation of a global wealth tax, which is estimated to raise an additional $250 billion annually.

Last year Spain, Brazil, Germany and South Africa signed a motion at the G20 for a minimum 2% tax on the super-rich to reduce inequality and raise public funds. Forecasts on its potential impact vary, but a study by Gabriel Zucman found that it could net up to $250bn in extra revenue.

French economist Sébastien Laffitte explains why Luxembourg remains a tax haven. An associate researcher at the European Tax Observatory, he deciphered the mechanisms used by the Grand Duchy to continue to attract multinational profits, at a conference in Luxembourg on 19 June.

As US income taxation comes under threat, and as the effects of US policies are exported abroad, the concentration of wealth could accelerate worldwide. But it is not too late for other countries to step in and halt the globalization of plutocracy.

A great idea. While the wealthy are massively avoiding income tax, the Senate is considering a proposed tax targeting their wealth this Thursday. Already approved by MPs, this measure would help regain margins at the economic level, but not only that, Quentin Parinello of the EU Tax Observatory.

The measure targets hundred-millionaires who implement optimization schemes to avoid paying taxes. It simply brings our tax laws into line with the principle of equality before taxation, the three economists argue in an op-ed in Le Monde, as the bill is about to be examined by the Senate.

Billionaires pay half as much tax as the French. To correct this inequality, economists and experts, such as Quentin Parrinello, propose taxing them 2%. The idea will be debated in the Senate on June 12.

Introducing a minimum tax of 2% on the assets of the ultra-rich would have only a minor impact on tax exile and the attractiveness of France, argues Quentin Parrinello, director of public policies at the EU Tax Observatory.

As the world watches Donald Trump and Elon Musk publicly fight over the sweeping legislation moving through Congress, we should not let the drama distract us.

90% of the population, who support themselves mainly through work and have little investment, owe more in taxes than the richest 1%.