Abolishing or capping billionaires could redistribute vast wealth to end extreme global poverty and reshape politics, media, and incentives for innovation.
Doha declaration booster shot for development' amid global uncertainty: UN
Nearly 700 million people live in extreme poverty; the Doha Political Declaration commits to poverty eradication, social protection, decent work, gender equality and climate action.
Olivier de Schutter: A 2% tax on billionaires would provide social protection for 820 million people in low-income countries'
Allow low-income countries to finance social protection globally by mobilizing international funds through taxing billionaires and levies on aviation, shipping, and financial transactions.