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> An annual tax on the world’s richest would be enough to lift 2.3 billion people out of poverty, make enough vaccines for the whole world, and deliver universa
by Hokusai 5y ago
> An annual tax on the world’s richest 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).
That would be a level of investment that generations to come would notice. To invest that money would paid off not just by moral metrics of wellbeing, but in pure economic ones.
Why are we obsessed in spending money in powerful individuals instead of smartly invest in humanity's future? Billions will get better jobs, we will spend less in security and war, geniuses will pop up in the thousands from that population, and artists, and so much potential would be put to better use.
We should do it.