Yolanda Díaz proposes a global tax on the rich to alleviate the climate crisis

by time news

2023-06-05 18:29:59

Monday, June 5, 2023, 6:29 p.m.

The Second Vice President of the Government and Minister of Labor and Social Economy, Yolanda Díaz, this morning was in favor of introducing an international tax on great fortunes in order to protect “the main victims of the climate crisis.” “I humbly believe that it is not only possible, but that it is urgent,” said the leader of Sumar, who took advantage of her presence at a conference on European funds to also advocate introducing an extraordinary tax on fossil fuel companies – as defended by António Guterres , Secretary General of the United Nations.

Díaz stressed that this year’s climate inequality report points to the feasibility of establishing a tax of between 1.5% and 3% on the assets of 0.001% of the world’s adult population, that is, “little more than 60,000 people” whose net worth exceeds $100 million. And he criticized that both the European institutions and their Member States promoted a policy of social cuts ten years ago that “destroyed” the future of Spain.

The Sumar leader also highlighted that, in her opinion, the current coalition government has shown that it can be managed in a different way from the cuts, emphasizing the good employment data that, Díaz maintains, is helping to generate the labor reform .

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