Omar Ocampo joins Bringing Light into Darkness (BLID) to discuss IPS’ Report: “Extreme Wealth: The Growing Number of People With Extreme Wealth and What an Annual Wealth Tax Could Raise.”
The report includes country-by-country data on wealth inequality and the revenue possibilities of national wealth taxes.
A little history might just inspire us to try that taxing again.
An Institute for Policy Studies analysis of the progressive tax proposed by incoming Colombian President Gustavo Petro would impact a small percentage of the nation’s wealthiest while raising millions to address widening inequality.
Omar Ocampo joins Harrison’s Reality Check to discuss a modest annual tax on the world’s richest, and what we could accomplish with that revenue.