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ArtistThis law would make rich people pay higher taxes. This law would give the countries 250 billion dollars every year. 2,700 world billionaires have 13 trillion dollars. So it is fair that they pay more. Right now, these rich people do not pay much in taxes. They hide their money in companies or other countries. This is a big problem. The tax system does not work well. In the US, rich people pay around 0.5% in taxes. In France, they pay even less. Some people say that this is not fair. There are more and more rich people. They should help with big problems like climate change and the COVID-19 pandemic.