In the public discourse around taxes, there is a conflation of big and small business interests, but in reality their situations are far different.
A trove of confidential documents outlining how global elites squirrel away their wealth to avoid tax has been laid bare in the “Pandora Papers.”
Pandora Papers, released in early October, are the product of massive data leaks carefully analyzed by more than 600 journalists.
The tax would hit the ultrawealthy, but it could also have an effect on businesses. A concern of some economists and tax advocates is under the plan.