As the British Labour party just came to power, it is said to be looking for ways to raise the State's revenues. Among the various options is to implement a tax on the super-rich. Silmutaneously, a G20-commissioned report supporting the idea that levy on the world's 3,000 billionaires could raise between $200bn and $250bn per year has been published. Pascal Saint-Amans, law professor at HEC Paris Business School comments for The Telegraph: “It is very interesting to see that the G20 are saying ‘we should focus on this’. Brazil will be trying to get others on board and it is likely that leaders of several countries will say they want to work on this. For example, will a new Labour chancellor support this? Perhaps.”