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Countries worldwide are pushing for a groundbreaking UN tax treaty that would make fossil fuel companies pay for climate damage and ensure the ultra-rich contribute their fair share. The framework could generate trillions for climate recovery and prevention.
Swedish retirees are looking back with regret at their country's 2006 decision to abolish the wealth tax, saying they didn't realize how much it would transform their egalitarian society. Two decades later, Sweden has become a "paradise for the super-rich" with 42 billionaires and growing inequality.