ICRICT 24d ago

At #WIC2026, leading experts, including #ICRICT Thomas Piketty and @gabriel.zucman discussed how taxing extreme wealth could help address some of today's most pressing economic challenges. 🧵 "Our view is simple: if you are really wealthy, you should pay some minimum level of tax." ICRICT Commissioner and ITO Director @gabriel.zucman argued that there is no justification for billionaires paying lower tax rates than ordinary workers. A minimum tax on extreme wealth would help close this gap. According to Emmanuel Saez, Director of the Stone Center on Wealth and Income Inequality at Berkeley University, today's tax systems often fail to effectively tax the very richest.