INSUBCONTINENT EXCLUSIVE:
less affluent half.Released on Monday, the report proposes a wealth tax to combat climate change and inequality.The Stockholm Environment
That averages to about 850 deaths annually.In the EU, the richest 10% emit as much CO2 as the bottom 50%
Putaturo, emphasizes this disparity.Globally, the top 1%, about 77 million people, are accountable for 16% of consumption emissions
(Photo Internet reproduction)Oxfam suggests a wealth tax in Europe, starting at 2% for millionaires with over 4.5 million euros
billionaire Marlene Engelhorn adds credibility to this proposal.Environmental recoveryHistorically, wealth taxes have redistributed
resources and funded social programs
This modern proposal targets environmental recovery.Countries like France and Spain have trialed similar taxes, providing lessons for the EU
proposal is part of a trend to address climate change economically
It marks a shift from purely environmental to combined environmental and fiscal strategies.If successful, this tax could inspire global
models for balancing economic inequality and environmental responsibility.Implementing such a tax will face challenges, needing wide
political support and effective management.This wealth tax is a bold step towards a more equitable and sustainable future, linking wealth
with environmental accountability.
