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These people are mad

Ministers of Germany, Brazil, South Africa and Spain: why we need a global tax on billionaires
Svenja Schulze, Fernando Haddad, Enoch Godongwana, Carlos Cuerpo and María Jesús Montero
Finance chiefs say higher taxes for the super-rich are key to battling global inequality and climate crisis

Billionaires should pay minimum 2% wealth tax, say G20 ministers

Hmm.

By directing two-thirds of total expenditure on social services and wage support, as well as by calibrating tax policy administration, South Africa continues to target a progressive tax and fiscal agenda that confronts the country’s legacy of income and wealth inequality.

Ah, yes, they are mad. They’re trying to use the bastard thieves of the ANC as the example of where this new tax revenue should go.

Quite, insanely, crazy.

5 thoughts on “These people are mad”

  1. Beyond parody. Recommending the policies of a nation which can’t keep the lights on and is described as “the rape capital of the world”.

    Also, South Africa’s gini score has scarcely changed since 1995.

  2. The Meissen Bison

    Yes it’s bonkers. However, it would be a jolly good idea to make donations from their “foundations” subject to a 99% tax. This might help cool the ardour of the BMGF, Sorros, and assorted other cockroaches who wish to transform the world according to their corrupt insights.

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