Colombia and the Piketty tax

the proposed changes would lower the wealth tax threshold to $380,000 from $500,000. Those with assets of $500,000 to $1.5m would pay a 0.4 per cent annual rate; thos with $1.5m to $2.5m would pay 1.1 per cent; those with $2.5m to $4m would pay 2 per cent, and those with fortunes greater than $4m would pay 2.25 per cent. Those with capital of less than $380,000 will pay nothing.

via Colombia and the Piketty tax – beyondbrics – Blogs – FT.com.

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