
The Global Wealth Tax
Tax wealth exceeding $5 million and allocate at least a third of the revenues to lower-income countries
- Each country should implement a wealth tax, of at least 2% per year for wealth above $5 million, 6% above $100 million, and 10% above $1 billion.
- Half of the revenue from this minimum tax would be pooled and given to the lowest income countries to fund their infrastructure and public services.
- Each country is free to implement an even more progressive tax, for example by taxing wealth from 1 million, or with higher rates to significantly reduce the wealth of the ultra-rich.
- Depending on the country, 72% to 98% of the population supports a global wealth tax (see support by country). In both the U.S. and Europe, the majority of the population wants to allocate at least 30% of the wealth tax revenues to low-income countries.
They support the Global Wealth Tax:
Political parties

(France)







(Belgium)






Civil society and activists







Camille Étienne
Aurore Lalucq
(MEP, Place publique)
Pascal Canfin
(MEP, Renaissance)
Manon Aubry
(MEP, La France Insoumise)
Nicolas Sansu
(MP, PCF)
Priscilla Ludosky
Initiator of the Yellow Vests movement in France
Marine Tondelier
(MP, Les Écologistes)
Sandrine Rousseau
(MP, Les Écologistes)
Cédric Villani
(Génération écologie)
Experts
Pr. Thomas Piketty
Paris School of Economics
Pr. Jayati Gosh
Co-chair of ICRICT
Jawaharlal Nehru University
Pr. Gabriel Zucman
UC Berkeley
Pr. Julia Steinberger
Université de Lausanne
Pr. Mariana Mazzucato
University College London
Pr. Michael Pettis
Peking University
Pr. Isabelle Ferreras
University of Louvain/Harvard CLJE
Pr. Lucas Chancel
Sciences Po Paris
Dr. Muhammad Ashfaq
UN Tax Committee
Pr. Olivier De Schutter
UC Louvain
Pr. Rick Van der Ploeg
University of Oxford