THE wealth of the world’s billionaires increased by £237billion in the first month of 2025 alone, research by the #TaxTheSuperRich campaign shows.
In other news French MPs have voted in favour of a wealth tax of 2% on individuals with a nett worth of more than €100 million.
This would affect 1800 people and would raise between €15 & €25 billion per year.
Unfortunately the plan could still be derailed, but it at least shows that one major European country is trying to do something about the current economic crisis being felt in most countries and if successful might lead to similar action from other countries.
In other news French MPs have voted in favour of a wealth tax of 2% on individuals with a nett worth of more than €100 million.
This would affect 1800 people and would raise between €15 & €25 billion per year.
Unfortunately the plan could still be derailed, but it at least shows that one major European country is trying to do something about the current economic crisis being felt in most countries and if successful might lead to similar action from other countries.