The Tax Justice Network said trillions could be raised with a ‘featherlight’ tax on the 0.5% of richest households, copying a current Spanish tax
Governments around the world copying Spain’s wealth tax on the super-rich could raise more than $2tn (£1.5tn), according to campaigners calling for the money to help finance the climate transition.
As a growing numbers of countries consider raising taxes on the ultra-wealthy, the Tax Justice Network campaign group said in a report that evidence from a “featherlight” tax on the 0.5% richest households in Spain could help raise trillions of dollars globally each year.
The Spanish government, under the socialist prime minister, Pedro Sánchez, introduced a temporary “solidarity” wealth tax in late 2022, which is collected in 2023 and 2024, on the net wealth of individuals exceeding €3m (£2.6m). It is estimated to apply to the richest 0.5% of households.
Having nothing and being a “trust me bro, this source is lit and unbiased” is better?
By having the bot you’re not solving the problem, you’re simply moving the “trust me bro” down one level and distracting from the actual discussion.
Granted I’m not a mod so I’m sure I’m missing some perspective here but I don’t think the bot is helping at all personally.
Also this is not an answer to the question. I simply asked why the option should be off the table completely. I didn’t say there are no better solutions. It just makes it sound like you already made your decision and are not open to feedback which is why I wanted to ask.