The Tax Justice Network said trillions could be raised with a ‘featherlight’ tax on the 0.5% of richest households, copying a current Spanish tax

Governments around the world copying Spain’s wealth tax on the super-rich could raise more than $2tn (£1.5tn), according to campaigners calling for the money to help finance the climate transition.

As a growing numbers of countries consider raising taxes on the ultra-wealthy, the Tax Justice Network campaign group said in a report that evidence from a “featherlight” tax on the 0.5% richest households in Spain could help raise trillions of dollars globally each year.

The Spanish government, under the socialist prime minister, Pedro Sánchez, introduced a temporary “solidarity” wealth tax in late 2022, which is collected in 2023 and 2024, on the net wealth of individuals exceeding €3m (£2.6m). It is estimated to apply to the richest 0.5% of households.

    • Aurenkin@sh.itjust.works
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      3 months ago

      Why is removal of the bot totally off the table? I agree it’s not necessarily the only path forward but why would any particular course be off limits?

      • Rooki@lemmy.world
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        3 months ago

        Having nothing and being a “trust me bro, this source is lit and unbiased” is better?

        • source: Trust me bro
        • Aurenkin@sh.itjust.works
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          3 months ago

          By having the bot you’re not solving the problem, you’re simply moving the “trust me bro” down one level and distracting from the actual discussion.

          Granted I’m not a mod so I’m sure I’m missing some perspective here but I don’t think the bot is helping at all personally.

          Also this is not an answer to the question. I simply asked why the option should be off the table completely. I didn’t say there are no better solutions. It just makes it sound like you already made your decision and are not open to feedback which is why I wanted to ask.

    • Five@slrpnk.net
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      3 months ago

      The MBFC is not any part of any solution, and failing to acknowledge how the bot is harming media literacy on Lemmy undermines any future solution you might implement.

      • Rooki@lemmy.world
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        3 months ago

        Having nothing and being a “trust me bro, this source is lit and unbiased” is better?

        • source: Trust me bro
        • Five@slrpnk.net
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          3 months ago

          Yes.

          One of the basics of media literacy is that no source is unbiased. This is one of the flaws with MBFC - rating biased news corporations at the center of its spectrum as ‘least-biased’ sources. This is not a credible position for an organization that wants to be considered something other than a propaganda mill.

          Many of your readers are interpreting political bias to mean credibility, and are rejecting sources that might expand their political horizons. MBFC conflates these two things as well, exacerbating the problem. Dave M Van Zandt rates left-leaning publications as less factual than alt-right outlets with even higher and more egregious problems with factual reporting.

          If a reader is curious of the bias of a publication, it’s better they do their own research rather than poisoning the well before they see the article. Giving them bad information is worse than leaving them to their own devices and letting them develop media literacy on their own.

          And it may not be hard to develop something better. But it’s difficult to focus attention on that when we’re distracted trying to quell the bleeding wound that is MBFC.

    • brbposting@sh.itjust.works
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      3 months ago

      Thanks for fighting for accuracy, desperately needed in the modern era.

      Can you make a change today so that The Guardian & Breitbart would never appear to be similarly [un]credible at first glance?

      If not, a small pause could make sense. Better than damaging credibility not much of established news agencies perhaps but certainly the bot, limiting its impact in the future even if the problem’s corrected (think insta-downvotes from older users once burned by it). Folks respect pauses for refactoring!

      Maybe MBFC isn’t tops and there’s some attractive alternative btw!

      PS: thanks @Five@slrpnk.net for the alarm