Normal citizens have to pay taxes, but the super-rich can usually avoid them easily. Brazil is committed to a global billionaire tax – but Germany's finance minister is against it.
Brazil wants to add another pillar to the international tax reform that has already been initiated, which consists of two pillars. Germany's Finance Minister Christian Lindner rejects the plans for greater taxation of super-rich people. The two BMW heirs and billionaires Stefan Quandt and Susanne Klatten, with their estimated assets of around 49 billion euros, only paid around 26 percent of their income of almost ten billion euros. This is often not much different in other countries - even if Germany is considered a "high-tax country." The Tax Justice Network, Momentum Institute, and Oxfam, which Die Die reports on. Multimillionaires only pay an average of 29 percent in taxes on their income.