Analysis finds 99% levy on pandemic wealth rise could also pay all unemployed $20,000 – and still leave super-rich $55bn richer
Every adult in the world could get a Covid-19 vaccine if the wealth billionaires collected during the pandemic was taxed 99% once, according to an analysis published on Thursday by several groups that advocate for economic equity.
This one-time tax on the world’s 2,690 billionaires could also cover $20,000 in cash paid to all unemployed workers, according to the analysis by Oxfam, the Fight Inequality Alliance, the Institute for Policy Studies and the Patriotic Millionaires.