How to end extreme poverty?
The world's 1810 billionaires hold a total wealth of $6.482 trillion. Economists have calculated that a simple global tax of only 1.5% on net wealth in excess of $1 billion will annually raise $70 billion. Invested in United Nations' priority actions on poverty eradication, this will help to end extreme poverty.
Source: Oxfam 2016Learn more
How will we do it?
Human Act creates awareness about extreme poverty and its consequences. We advocate for a UN resolution, creating the norm for all countries to enforce a 1.5% tax on net wealth in excess of $1 billion. We propose that the tax will be monitored and managed by the UN, and invested in the poorest countries. Eradicating extreme poverty is the greatest global challenge and an indispensable requirement for sustainable development.Learn more
In the spirit of
It's in your hands to create a better world for all who live in it.Nerlson Mandela
Poverty is the worst form of violence.Mahatma Gandhi
It is a poverty to decide that a child must die so that you may live as you wish.Mother Theresa