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For global vaccinations: Aid organizations demand special tax for the super-rich - "obscene wealth"

2021-08-12T11:23:32.339Z


While there is little access to vaccine in poor countries, billionaires let themselves be flown into space. Some aid organizations are now calling for wealth to be better distributed.


While there is little access to vaccine in poor countries, billionaires let themselves be flown into space.

Some aid organizations are now calling for wealth to be better distributed.

Berlin - While the delta variant of the coronavirus * is on the advance, progress in vaccination is stalling, especially in poor countries.

Usually there is not enough money to get enough vaccine in stock.

Some aid organizations such as Oxfam are now calling for a U-turn and are proposing that the super-rich be given more financial commitments in the fight against the pandemic.

Specifically, the organizations are proposing a one-off property levy of 99 percent on profits made by billionaires during the pandemic.

In total, this would bring around 5.4 trillion dollars (4.6 trillion euros) worldwide, with which "Covid-19 vaccinations for all people could be financed," as Oxfam announced on Thursday in Berlin.

Aid organizations are calling for a better distribution of wealth: the super-rich should pay for vaccinations

Even after such a levy, the 2700 billionaires in the world would be even richer than before the pandemic, added the aid organization.

Because: According to our own calculations, which were made together with the alliance Fight Inequality, the Institute for Policy Studies and the Patriotic Millionaires Initiative, 82 percent of global wealth growth last year went to the richest percent of the world's population.

"Governments allow a handful of super-rich to accumulate obscene wealth while billions of people struggle for their livelihoods and have no access to the saving Covid-19 vaccination," said Oxfam development finance expert Tobias Hauschild, criticizing the current developments during the corona pandemic

Hardly any vaccination successes in poor countries: Organizations demand a one-off tax on the wealthy

As the merger of non-governmental organizations calculated, the assets of Amazon founder Jeff Bezos *, for example, rose by $ 79.4 billion to $ 192.4 billion during the pandemic.

Bezos could “use his wealth to personally ensure that sufficient vaccine is available for all people in the world.

But he prefers to spend his money on an exciting flight into space, ”adds Hauschild, referring to the Amazon founder's space flight a few weeks ago.

Oxfam also called for more efforts in Germany to ensure that the very wealthy make their fair contribution to overcoming the Corona crisis.

After all, wealth inequality in Germany * is one of the highest in Europe, according to the organization.

In fact, the gap between rich and poor in Germany is huge. Even before the pandemic, the wealthiest ten percent of German households together owned around 60 percent of total net wealth. Experts assume that the gap has widened even more during the corona pandemic.

* Merkur.de is an offer from IPPEN.MEDIA.

(afp / klb)

Source: merkur

All news articles on 2021-08-12

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