Science News
Taxing billionaires and redistributing wealth could save millions of lives amid global aid cuts. In a world where there are over 3,000 billionaires, worth a record €17.4 ($20.1) trillion, up €3.46 ($4) trillion from last year, a 3% tax on their wealth would…
💰 Humanitarian funding cuts could lead to 7.6 million deaths by 2030, including 1.4 million children under 5, if current trends continue.
🌍 A new study suggests taxing the world's billionaires could fill funding gaps and save millions of lives, with a 3% wealth tax potentially averting 29.5 million deaths by 2030.
💸 Other proposed measures like a tax on financial transactions could avert 24.5 million deaths, and a global minimum tax on large multinational companies could avert 20.1 million.
#Aid #GlobalHealth #WealthTax
🌍 A new study suggests taxing the world's billionaires could fill funding gaps and save millions of lives, with a 3% wealth tax potentially averting 29.5 million deaths by 2030.
💸 Other proposed measures like a tax on financial transactions could avert 24.5 million deaths, and a global minimum tax on large multinational companies could avert 20.1 million.
#Aid #GlobalHealth #WealthTax
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