Buzzword|Wealth tax 财富税

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Photo by Chen Youzi/Guangzhou Daily


Secretary-General Antonio Guterres declared on April 12 that the world's failure to unite on tackling COVID-19 created wide inequalities, and he called for urgent action including a wealth tax to help finance the global recovery from the coronavirus.



The U.N. chief said latest reports indicate that “there has been a $5 trillion surge in the wealth of the world's richest in the past year” of the pandemic. He urged governments “to consider a solidarity or wealth tax on those who have profited during the pandemic, to reduce extreme inequalities.”


Guterres' call followed an appeal in October by U.N. World Food Program Executive Director David Beasley to the more than 2,000 billionaires in the world, with a combined net worth of $8 trillion, to open their bank accounts.


Related expressions

wealth gap 贫富差距

community with shared future for mankind  人类命运共同体(请戳往期链接)

Collected and edited by Lv Yun

Source: Xinhua, AP via People's Daily