Emma Agyemang

FILE PHOTO: Elon Musk, Chief Executive Officer of SpaceX and Tesla, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. REUTERS/Gonzalo Fuentes/File Photo
THE BROAD VIEW

The problem with taxing the rich

Fiscal systems designed around income and consumption struggle to capture wealth, and billionaires are highly mobile