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UN Chief calls on providing wealth tax for people profited during pandemic

Source : 112 Ukraine

He believes it helps reduce global inequality
20:54, 13 April 2021

Open source

United Nations Secretary-General Antonio Guterres is calling on nations to institute a wealth tax on the rich who profited from the pandemic. He stated this during a speech on the economic forum in the United States.

“More than 3 million deaths, increasing coronavirus infections, the worst recession in 90 years, some 120 million people falling back into extreme poverty, and the equivalent of 255 million full-time jobs lost,” Guterres said.

Related: Bad news for YouTube content creators: Google may charge up tax for bloggers

The U.N. chief said the latest reports indicate that there has been a $5 trillion surge in the wealth of the world’s richest in the past year of the pandemic.

“I urge governments to consider a solidarity or wealth tax on those who have profited during the pandemic, to reduce extreme inequalities,” he added.

Related: 46 UN member states adopt joint statement condemning Russia's actions in Donbas, Crimea

In addition, he said that inequality is growing within countries, as women, girls and the most vulnerable groups have suffered the most from the pandemic.

As it was reported earlier, the UN has urged the donors to finance to the full extent the humanitarian aid to Ukraine. 

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