{"id":9326,"date":"2022-03-09T16:00:00","date_gmt":"2022-03-09T15:00:00","guid":{"rendered":"https:\/\/www.actvism.org\/?p=9326"},"modified":"2022-03-09T11:10:20","modified_gmt":"2022-03-09T10:10:20","slug":"people-poverty-policy-studies","status":"publish","type":"post","link":"https:\/\/www.actvism.org\/en\/the-source\/people-poverty-policy-studies\/","title":{"rendered":"How to lift 2 Billion People out of Poverty"},"content":{"rendered":"
\n

How to lift 2 Billion People out of Poverty<\/strong><\/strong><\/p>\n<\/div><\/div><\/div>\n\n

\n
\n<\/div><\/div><\/div>\n\n
\n

In this episode of The Source, we talk with Omar Ocampo of the Institute for Policy Studies about their latest report called Taxing Extreme Wealth<\/a> (2022). The report finds that taxing the world’s wealthiest could raise $2.52 trillion a year and help fight the global pandemic and eradicate poverty and inequality. We examine this report and find out what structures in society lead to massive accumulation of wealth in a few hands and what can be done to change this.<\/p>\n<\/div><\/div><\/div>\n\n

\n

An excerpt from their report<\/a>: \u201cA wealth tax of 2% on the world\u2019s millionaires, 3% on those with wealth above $50 million and 5% on the worlds billionaires would raise $2.52 trillion dollars annually. This would be enough to lift 2.3 billion people out of poverty, make enough vaccines for the whole world, and deliver universal health care and social protection for all the citizens of low and lower middle-income countries (3.6 billion people).\u201d<\/p>\n<\/div><\/div><\/div>\n\n

\n
\n<\/div><\/div><\/div>\n\n
\n

VIDEO: How to lift 2 Billion People out of Poverty<\/strong><\/strong><\/h2>\n<\/div><\/div><\/div>\n\n
\n
\n