UK Parliament
Climate idea
Climate idea
Annett Michuki..
3 w
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Wealth tax of 0.5% could cover UK’s share of loss and damage fund
A tax on wealthy Britons of just 0.5% could more than meet the UK’s entire “fair share” contribution to the international loss and damage fund established to support countries worst hit by global climate breakdown, a charity has suggested. Taxing 5p of every £10 of individuals’ wealth over £1m would raise £15bn a year by 2030, well in excess of an estimated $15bn (£12bn) UK contribution to the new fund, according to an analysis by the anti-poverty campaigners Christian Aid. https://www.theguardian.com/environment/2023/may/12/wealth-tax-of-05-could-cover-uks-share-of-loss-and-damage-fund-says-charity
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Dear Annett Michuki.. Thank you for getting your climate idea to level 2! We have reached out to UK Parliament and requested a response. I will keep you updated on any progress! /Adam We Don't Have Time
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You'd be surprised to learn that the wealthy are taxed less than the poor
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wonderfull
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incredible
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Fantastic
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Wow. a great idea to deal with loss and damage.
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Phenomenal
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This is a great way to fund climate action.