By the way, a tax of up to 5% on the world’s multi-millionaires and billionaires could raise $1.7 trillion/year.
That would be enough to lift 2 billion people out of poverty and fund a global plan to end hunger.
We can't afford NOT to tax the rich.
Bucky Fuller's Worldgame Institute (now GENI) found that a mere 3% tax on the PROFITS of the world's Insurance industry would give adequate shelter, security, water, nutrition, healthcare, education and leisure facilities TO EVERY HUMAN ON THE PLANET.
Three percent. On the profits. No one would miss it. It would take a quarter of the world's combined military budgets to do the same.
30 years later, still no one talks about this.
Robert Reich
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