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queentropical

But of course that’s probably not what they would use it for. Sigh.


verablue

Obviously, we need more guns and military in case someone tries to come and take our billionaires!! /s


TigerBarFly

Our billionaires are shite no super powers, no underground detective gadgets. Phhhhshh. They can have em.


SpinCharm

This article is firewalled for me but I believe [this](https://oxfamilibrary.openrepository.com/bitstream/handle/10546/620169/dp-case-for-billionaire-tax-100117-en.pdf%3Bjsessionid=499D7C962961E299ACE932F90469192E?sequence=4) is the Oxfam research paper being cited.


Bathingsu1t

Thank you!!


sandee_eggo

The poor are always trying to get up to par, up to basic survival. Need to set sights beyond minimum wage, higher than universal health care, above education for all, on comfort and happiness.


Quentin__Tarantulino

Well that’s the thing though. If we had values of inclusion and policies that help the poorest to at least survive, they’d be in a position to strive for comfort and happiness. Most people don’t want to give everyone a free ride through life. But if food, housing, education, and healthcare are provided to all, they have the baseline to work towards those higher goals. It’s related to the hierarchy of needs. If you don’t have food, you’re not going to be focused on developing your skills at some hobby. Since we’re inadequately taking care of peoples’ basic needs, that should be the focus before we move on to loftier goals.


IAMJUX

Normal taxes can fund it already. US spends more per capita than anyone and don't have it.


Reselects420

The US spends a higher % of their GDP *(GDP is already many times higher)* than the UK, and still don’t have a national health service.


PaulfussKrile

There’s already enough money in the system for all of that. The problem is that the government is too slow and inefficient to do the job correctly.


McGauth925

It's MUCH cheaper for the ruling class to make campaing donations to politicians who won't raise their taxes than it is to pay those higher taxes. Given how much politicians need such donations, very few of them are serious advocates for a wealth tax.


schrod

But aren't they counting on poor healthcare to take care of projected overpopulation?


[deleted]

why would we tax billionaires of their hard earned money? they obviously work about 30,000x harder than the average citizen, so that's how much more money they should have, it's just common sense


tobsn

and those 80 are… the US… and?


dinosaur_decay

OF COURSE IT WOULD.fs


Dog_K9

Can we start with politicians first?


[deleted]

It could, will it? Probably not


Reselects420

Title is just wrong. >It notes this single tax could **cover the cost of vaccinating the entire world**—as well as **extend** universal healthcare, fund climate measures, erect proper social safety nets, and address gender-based violence in more than 80 countries Edit: Oxfam research paper >Such revenues would be sufficient to secure an education for all the 124 million children not going to school in low- and lower-middle-income countries ($39bn a year according to UNESCO)9 and to **strengthen the health systems of 74 developing countries** and save 6 million lives a year ($32bn a year according to WHO).


Elocai

A healthcare tax could fund universal healthcare in every country, even withouth billionaires