Initiative Details
US1006Wealth Tax on the Ultra-rich
Wealth Tax on the Ultra-rich
-To help make the U.S. a fairer place to live, have the very rich give back to support all the people that helped them become rich, buying their products, and/or working for them.
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Information:
pro info:
Over the past decade, the world’s richest 1 percent have increased their wealth by at least $33.9 trillion, according to a new analysis from the global anti-poverty group Oxfam International. That amount is “more than enough to eliminate annual poverty 22 times over” when calculating at the World Bank’s highest poverty line of $8.30 per day. This immense concentration of wealth has translated to political power
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con info:
It may be difficult to collect if the ultra-rich start hiding their assets.
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