The super-rich questioned at the World Economic Forum that elected politicians do not think about “the catastrophic consequences for humanity” by not taxing extreme wealth.
- Price of the dollar in Peru: what is the exchange rate quote this Friday, January 19?
- Congress approves extending the retirement age limit
In order to reduce inequalities, a group of 250 millionaires and businessmen insisted to the participants of the World Economic Forum in Davos that more taxes be charged to the rich.
Through the campaign Proud to pay more (Proud to pay more, translated into Spanish), the tycoons questioned politicians around the world for not taxing extreme wealth even though they have been asking about it for three years.
“When are they going to tax extreme wealth? If the elected politicians of the most important economies do not take action to resolve the terrible increase in inequality, the consequences will continue to be catastrophic for humanity,” they evaded, according to Agencia EFE.
Philanthropists argue that His campaign for fairer taxes is not radical, and on the contrary, seeks to return to normality based “on a sober analysis” of current economic conditions: according to him world BankBy 2023, 700 million people live in extreme poverty and subsist on less than US$2.15 a day, complicating the outlook after Covid-19.
The super-rich—among whom the heirs of Disney, Bosch and Rockefeller stand out—remembered that This year there will be fifty elections in the world and it would be appropriate for political leaders to commit to “greater tax justice” as a way to preserve democracy.
Blocks such as the International Monetary Fund have already proposed that billionaires pay a higher tax rate in order to contain the damage of inflation.
Trained at the Jaime Bausate y Meza University. In constant learning. Economics is the branch of journalism closest to the people and my duty is to be a bridge to information.
Source: Larepublica

Alia is a professional author and journalist, working at 247 news agency. She writes on various topics from economy news to general interest pieces, providing readers with relevant and informative content. With years of experience, she brings a unique perspective and in-depth analysis to her work.