The Tholos Foundation conducts research and education on economic issues that affect the lives of ordinary Americans. We study and evaluate the consequences—both intended and unintended—of existing and proposed government policies.
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EY Study: Global Wealth Tax Would Kill 20 Million Jobs and Shrink the Economy
The Zucman Proposed Global Wealth Tax Would Cost Up to 20 million Jobs, $100 billion in labor income, and $800 Billion in Global GDP in the first 10 years, then get worse A major new macroeconomic analysis released by EY finds that a coordinated 2% global minimum tax on billionaire wealth—proposed by economist Gabriel Zucman and commissioned […]