📚 node [[millionaires call on governments worldwide to tax us now ]]
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Millionaires call on governments worldwide to 'tax us now'
[[An annual “wealth tax” on those with fortunes of more than $5m (£3.7m) could raise more than $2.52tr]].
That would be enough, they said, to “lift 2.3 billion people out of poverty; make enough vaccines for the world and deliver universal healthcare and social protection for all the citizens of low and lower-middle-income countries (3.6 billion people).
The proposed tax would see those with more than $5m pay 2%, rising to 3% for those with more than $50m and a 5% rate for dollar billionaires.
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