UN secretary general eyes ‘solidarity or wealth tax’ on those who have profited during pandemic

1014

 

  1. UN secretary general eyes ‘solidarity or wealth tax’ on those who have profited during pandemic.

United Nations secretary-general Antonio Guterres is urging governments to use a “solidarity or wealth tax” on those who have profited during the COVID-19 pandemic.

Guterres shared a tweet on Monday about a report on the wealthy earning $5 trillion in 2020 while 120 million people were pushed to extreme poverty, adding that those who earned should pay taxes to reduce “extreme inequalities.”
“I urge governments to consider a solidarity or wealth tax on those who have profited during #COVID19, to reduce extreme inequalities,” Guterres said.

BY OSMAN HUSSEIN ALI