{"id":118635,"date":"2021-04-14T18:14:40","date_gmt":"2021-04-14T10:14:40","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=118635"},"modified":"2021-04-14T18:14:42","modified_gmt":"2021-04-14T10:14:42","slug":"un-sec-gen-guterres-endorses-millionaires-tax-to-help-fight-covid-19","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=118635","title":{"rendered":"UN Sec-Gen Guterres endorses millionaire&#8217;s tax to help fight covid-19"},"content":{"rendered":"\n<figure class=\"wp-block-image\"><a href=\"https:\/\/en.mercopress.com\/data\/cache\/noticias\/80871\/0x0\/guterres.jpeg\"><img src=\"https:\/\/en.mercopress.com\/data\/cache\/noticias\/80871\/760x480\/guterres.jpeg\" alt=\"The United Nation's top official wants to reduce extreme inequalities.\"\/><\/a><\/figure>\n\n\n\n<p>UNITED NATIONS, April 14 (NNN-MERCOPRESS) &#8212; UN Secretary-General Ant\u00f3nio Guterres agreed with several world leaders on the convenience to tax the wealthiest, so that States have more resources to support the vulnerable population which has been severely affected by the coronavirus pandemic.<\/p>\n\n\n\n<p>\u201cA paradigm shift is needed to align the private sector with global goals to face future challenges, including those caused by Covid-19,\u201d Guterres said at the Economic and Social Council Forum on Financing for Development.<\/p>\n\n\n\n<p>He added \u201cthe latest reports indicate that in the last year there has been an increase of five trillion dollars in the assets of the richest in the world. I urge governments to consider applying a solidarity or wealth tax to those who have benefited during the pandemic, to reduce extreme inequalities.\u201c<\/p>\n\n\n\n<p>Guterres also favoured measures that would bring liquidity to the countries that need it, instead of pressing to collect debts which would require lightening instead. \u201dBut we have to go beyond its lightening,\u201c he said.<\/p>\n\n\n\n<p>The Secretary-General stood behind strengthening \u201cthe architecture of international debt to end the lethal cycles of debt waves, global debt crisis and lost decades.\u201d<\/p>\n\n\n\n<p>Another priority action he proposed was investing in a new social contract, based on solidarity and investments in education, decent and green jobs, social protection and health systems that would form the basis of sustainable and inclusive development. <\/p>\n\n\n\n<p>\u201cThis Forum must provide ambition and momentum, to finance a resilient, inclusive, equitable and sustainable future for all,\u201d he said.<\/p>\n\n\n\n<p>In this regard, Argentina&#8217;s government of President Alberto Fern\u00e1ndez was ahead of its time when the \u201cmillionaire\u2019s tax\u201d was passed in early December last year.<\/p>\n\n\n\n<p>The new taxation would affect mere 12,000 people of the country&#8217;s 45 million and the government hoped to collect at that point up to US$ 3.7 billion to pour into the covid-19 relief efforts. &#8212; NNN-MERCOPRESS<ins> <\/ins><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UNITED NATIONS, April 14 (NNN-MERCOPRESS) &#8212; UN Secretary-General Ant\u00f3nio Guterres agreed with several world leaders on the convenience to tax the wealthiest, so that States have more resources to support the vulnerable population which has been severely affected by the coronavirus pandemic. \u201cA paradigm shift is needed to align the private sector with global goals [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":118636,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[208],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/118635"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=118635"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/118635\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/118636"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118635"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}