26-April-2024
Economy News
 
UN chief urges wealth tax on rich who ‘profited’ from Covid-19 pandemic
13-Apr-2021

United Nations Secretary-General Antonio Guterres is calling on nations to institute a wealth tax to help reduce global inequality exacerbated by the Covid-19 pandemic. There has been a $5 trillion surge in the wealth of the world’s richest in the past year even as those at the bottom were made increasingly vulnerable, Guterres told a UN economic and social forum on Monday. “I urge governments to consider a solidarity or wealth tax on those who have profited during the pandemic, to reduce extreme inequalities,” he said.

News Source:- https://www.hindustantimes.com/business/un-chief-urges-wealth-tax-on-rich-who-profited-from-covid-19-pandemic-101618247322262.html