The Global Wealth Tax

Tax wealth exceeding $5 million and allocate at least a third of the revenues to lower-income countries

Sign the Petition ✒️

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.