The Fourth UN Conference on Financing for Development launched a Global Coalition to Tax the Super-Rich lead by South Africa, Brazil and Spain — the first formal intergovernmental alliance dedicated to the agenda. We welcome the leadership of the three governments and call on other countries to follow their lead.
The wealth of the richest 1% has surged by $33.9 trillion since 2015 — enough to end annual poverty 22 times over — yet billionaires pay around 0.3% in real taxes.
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