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.

@rbreich Here is thing to realise about those with vast wealth. They can be taxed this 5% yet they would not notice any difference in their standard of living. They won't suddenly be forced to use food banks or have to turn heating off or sell their helicopters or flash cars.
Their wealth would benefit billions of people yet nobody loses.
I don't understand why anyone would appose more tax for those who can easily afford it.
#Wealthinequality
#Socialism