Rationale to Why Brazil Proposal to G20 Is Right Taxing the Billionaires (Super-Rich Individuals) in Rawlsian Theory of Justice

As global governance efforts strive to tackle international inequalities, Brazil's G20 presidency has introduced a proposal aimed at narrowing the gap between wealthy and vulnerable populations. This proposal advocates for a 2% increase in the tax rate on the incomes of the ultra-rich individuals and corporations, intended to enhance public services and support climate change funding. The theory of justice as fairness, articulated by John Rawls in his influential works, provides a framework for justifying the redistribution of social benefits. An impartial understanding offers a rationale for how taxation measures can foster a more equitable society. Nonetheless, this proposal may face challenges due to the intricate nature of taxation systems that intersect across different nations.