13,335 millionaires in France paid ZERO income tax in 2024.

The system is broken.

It’s time for a UN Tax Convention to make the super-rich pay their fair share and fund climate action. #TaxTheSuperRich

@greenpeace @rachel I don't understand how they do it. I mean, there *are* taxes. I get that these people have a lot of wealth wrapped up in assets, but sooner or later the money has to come out of a business and into somebody's personal finances to be spent. Dividends are taxed at 30%, how are they not at least paying that? Do they live in France, or are we talking about millionaires with French assets?
@greg_harvey @greenpeace you make the business in France, let’s say, run at a loss by having it buy “consultancy services” from your company in another country. Then, that other business runs a trust that pays for things you need. You never see the actual money, just the benefits.
@greg_harvey @greenpeace (I once worked for the Sackler family)