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

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  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