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specific global taxDW
•84% Informative
The G20 leaders agree to cooperate on cracking down on tax-dodging billionaires.
The initiative is a key priority for Brazilian President Luiz Inacio Lula da Silva .
Lula had hoped for a 2% minimum tax on the wealthy elite.
A 2% tax would raise between $200 billion ( 184 billion ) and $250 billion ( 230 billion ) a year globally from about 3,000 individuals.
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