{"id":60681,"date":"2025-04-17T11:04:59","date_gmt":"2025-04-17T03:04:59","guid":{"rendered":"https:\/\/www.greenpeace.org\/malaysia\/?p=60681"},"modified":"2025-09-23T18:02:49","modified_gmt":"2025-09-23T10:02:49","slug":"would-the-world-change-if-we-taxed-the-super-rich","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/malaysia\/resource\/60681\/would-the-world-change-if-we-taxed-the-super-rich\/","title":{"rendered":"Would the world change if we taxed the super-rich?"},"content":{"rendered":"\n<p>You\u2019re probably paying more taxes than the richest people on Earth. Why? Because, unlike you, the super-rich can evade paying their fair share.<\/p>\n\n<p>The tax money that billionaires are not paying could tackle the climate and environmental crises and ensure access to health and education that millions need and have the right to. This unreasonable concentration of wealth and power is putting ecosystems, democracies, economies, and millions of lives at serious risk.<\/p>\n\n<p>\u201cYou could have paid your rent if these extremely rich people had paid their taxes\u201d said Carl Schlyter, the co-host of Greenpeace\u2019s&nbsp;<a href=\"https:\/\/www.greenpeace.org\/international\/about\/system-shift\/\">SystemShift<\/a>, the podcast that explores how we can move from a world that serves the economy to an economy that works for people and the planet.<\/p>\n\n<p>This week, starting SystemShift season 3 with the first episode<em>&nbsp;Would the World Change If We Taxed the Super Rich<\/em>?, we talked with&nbsp;<a href=\"https:\/\/www.linkedin.com\/in\/chenai-c-mukumba-bb000225\/\">Chenai Mukumba<\/a>, Executive Director of the Tax Justice Network Africa.<\/p>\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Would the World Change If We Taxed the Super Rich? - SystemShift Podcast S3: Episode 1\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/jHvqlXOFbHA?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n<h2 class=\"wp-block-heading\">\u201cThere\u2019s no money\u201d or so they say<\/h2>\n\n<p>There is a widespread narrative that there are not enough public funds to pay for people\u2019s welfare and even less for climate and environmental action \u2013 as recently happened at the COPs, where negotiations for&nbsp;<a href=\"https:\/\/www.reuters.com\/business\/environment\/public-funding-nature-conservation-stalls-cop16-eyes-private-investment-2024-11-03\/\">public funding stalled<\/a>. However, several reports have shown that funds are available, they are just in the wrong place.<\/p>\n\n<p>The&nbsp;<a href=\"https:\/\/taxjustice.net\/press\/world-losing-half-a-trillion-to-tax-abuse-largely-due-to-8-countries-blocking-un-tax-reform-annual-report-finds\/\">Tax Justice Network estimates<\/a>&nbsp;that USD 492 billion is lost every year to tax abuse \u2013 from multinational corporations and the super-rich. \u201cWithin the African continent, we\u2019re losing close to US$ 90 billion annually,\u201d Chenai said.<\/p>\n\n<h2 class=\"wp-block-heading\">If everyone paid their fair share of taxes<\/h2>\n\n<p>Those billions raised through taxes could provide substantial funding for universal basic services like healthcare, education, housing, community-owned renewable energy projects, and affordable public transportation, as well as creating jobs and fostering ecological resilience.<\/p>\n\n<p>If implemented under a good and transparent governance system,<strong>&nbsp;<\/strong>a wealth tax can help reduce income inequality by redistributing wealth (and power) and even repair historical injustices.<\/p>\n\n<p>That is what Chenai describes as the 5 R\u2019s of taxation: besides revenue-raising, taxes also contribute to redistribution, repricing, representation and reparations, making wealth tax such a powerful solution.&nbsp;<em>\u201c<\/em>Tax is our superpower,\u201d she stated.<\/p>\n\n<p>She also explained how wealth taxes work and how to ensure that resources raised from wealth taxes in rich nations reach the most vulnerable countries and communities.<\/p>\n\n<h2 class=\"wp-block-heading\">Could this system shift any soon? Yes!<\/h2>\n\n<p>It\u2019s time for governments to #TaxTheSuperRich \u2013 who are right now mingling with world leaders at the&nbsp;<a href=\"https:\/\/www.weforum.org\/meetings\/world-economic-forum-annual-meeting-2025\/\">World Economic Forum<\/a>.<\/p>\n\n<p>Today, global tax rules are being discussed in many multilateral forums and in countries around the world. Argentina, Belgium, Colombia, France, Norway, Spain, Switzerland, and the Netherlands are some of the countries that have already adopted or proposed different types of wealth taxes. If all countries followed Spain\u2019s example,&nbsp;<a href=\"https:\/\/taxjustice.net\/press\/countries-can-raise-2-trillion-by-copying-spains-wealth-tax-study-finds\/\">USD 2 trillion could be raised per year, globally<\/a>.<\/p>\n\n<p>The growing momentum around this issue is focused on the UN Tax Convention process and among the G20, made up of countries where more than&nbsp;<a href=\"https:\/\/earth4all.life\/news\/tax-the-rich-say-g20-citizens\/\">68% of citizens agree with taxing the rich<\/a>.<\/p>\n\n<p>\u201cThis conversation about a global tax system needs to happen at the UN, where every single country has a seat at the table,\u201d Chennai added.<\/p>\n\n<h2 class=\"wp-block-heading\"><strong>What\u2019s our role as an individual? What can we do?<\/strong><\/h2>\n\n<p>These are some concrete steps we can take to support the #TaxTheSuperRich demand:<\/p>\n\n<ul class=\"wp-block-list\">\n<li>Listen or watch&nbsp;<a href=\"https:\/\/www.greenpeace.org\/international\/about\/system-shift\/\">the first episode of the new season<\/a>&nbsp;of the SystemShift podcast \u2013 which inspired this blog post.<\/li>\n\n\n\n<li><a href=\"http:\/\/greenpeace.org\/international\/act\/tax-the-super-rich\">Sign the petition<\/a>&nbsp;and urge governments to #TaxTheSuperRich now and to use those funds to support people and protect the planet.<\/li>\n\n\n\n<li>Learn more about global tax rules. You can start by reading this:&nbsp;<a href=\"https:\/\/www.greenpeace.org\/international\/story\/68588\/we-need-global-tax-rules-that-work-for-people-like-me-not-multinational-corporations-and-the-ultra-rich\/\">We need global tax rules that work for people like me (not multinational corporations and the ultra rich)<\/a><\/li>\n<\/ul>\n\n    <div class=\"wp-block-query posts-list p4-query-loop is-custom-layout-list is-layout-flow wp-block-query-is-layout-flow\">\n        <div class=\"wp-block-group is-content-justification-space-between is-layout-flex wp-container-core-group-is-layout-3d213aab wp-block-group-is-layout-flex\"><h2 class=\"wp-block-heading\">Podcast Transcript<\/h2>\n        <li class=\" wp-block-navigation-item see-all-link wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\"  href=\"http:\/\/www.greenpeace.org\/malaysia\/news-stories\/\"><span class=\"wp-block-navigation-item__label\">See all stories<\/span><\/a><\/li>\n        \n        <\/div>\n        \n\n    <p style=\"margin-top: 24px; margin-bottom: 36px;\"><\/p>\n\n    \n\n    <ul class=\"wp-block-post-template is-layout-flow wp-block-post-template-is-layout-flow\"><li class=\"wp-block-post post-60684 post type-post status-publish format-standard has-post-thumbnail hentry category-educational-resource category-green-future tag-podcasts tag-system-shift p4-page-type-resource\">\n            \n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-9d6595d7 wp-block-columns-is-layout-flex\"><figure class=\"wp-block-post-featured-image\"><a href=\"https:\/\/www.greenpeace.org\/malaysia\/resource\/60684\/transcript-would-the-world-change-if-we-taxed-the-super-rich\/\" target=\"_self\"  ><img loading=\"lazy\" decoding=\"async\" width=\"1221\" height=\"682\" src=\"https:\/\/www.greenpeace.org\/static\/planet4-malaysia-stateless\/2025\/04\/15168610-episode-1-tax-the-super-rich-screenshot.png\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image wp-stateless-item\" alt=\"Transcript: Would the world change if we taxed the super-rich?\" style=\"object-fit:cover;\" srcset=\"https:\/\/www.greenpeace.org\/static\/planet4-malaysia-stateless\/2025\/04\/15168610-episode-1-tax-the-super-rich-screenshot.png 1221w, https:\/\/www.greenpeace.org\/static\/planet4-malaysia-stateless\/2025\/04\/15168610-episode-1-tax-the-super-rich-screenshot-300x168.png 300w, https:\/\/www.greenpeace.org\/static\/planet4-malaysia-stateless\/2025\/04\/15168610-episode-1-tax-the-super-rich-screenshot-1024x572.png 1024w, https:\/\/www.greenpeace.org\/static\/planet4-malaysia-stateless\/2025\/04\/15168610-episode-1-tax-the-super-rich-screenshot-768x429.png 768w, https:\/\/www.greenpeace.org\/static\/planet4-malaysia-stateless\/2025\/04\/15168610-episode-1-tax-the-super-rich-screenshot-510x285.png 510w\" sizes=\"auto, (max-width: 1221px) 100vw, 1221px\" data-image-size=\"post-thumbnail\" data-stateless-media-bucket=\"planet4-malaysia-stateless\" data-stateless-media-name=\"2025\/04\/15168610-episode-1-tax-the-super-rich-screenshot.png\" \/><\/a><\/figure>\n\n        <div class=\"wp-block-group is-layout-flow wp-block-group-is-layout-flow\">\n                <div class=\"wp-block-group is-layout-flex wp-block-group-is-layout-flex\"><div class=\"wp-block-post-terms\"><a href=\"https:\/\/www.greenpeace.org\/malaysia\/category\/educational-resource\/\">Educational Resource<\/a><\/div>\n                <div class=\"taxonomy-post_tag wp-block-post-terms\"><a href=\"https:\/\/www.greenpeace.org\/malaysia\/tag\/podcasts\/\" rel=\"tag\">Podcasts<\/a><span class=\"wp-block-post-terms__separator\"> <\/span><a href=\"https:\/\/www.greenpeace.org\/malaysia\/tag\/system-shift\/\" rel=\"tag\">SystemShift<\/a><\/div>\n                \n                <\/div>\n                \n        <h3 class=\"wp-block-post-title\"><a href=\"https:\/\/www.greenpeace.org\/malaysia\/resource\/60684\/transcript-would-the-world-change-if-we-taxed-the-super-rich\/\" target=\"_self\" >Transcript: Would the world change if we taxed the super-rich?<\/a><\/h3>\n        <div class=\"wp-block-post-excerpt\"><p class=\"wp-block-post-excerpt__excerpt\">Transcript for the podcast of Would the world change if we taxed the super-rich? <\/p><\/div>\n        \n        <div class=\"wp-block-group posts-list-meta is-layout-flow wp-block-group-is-layout-flow\"><span class='article-list-item-author'>Greenpeace International<\/span>\n        <div class=\"wp-block-post-date\"><time datetime=\"2025-04-17T11:02:43+08:00\">April 17, 2025<\/time><\/div>\n        \n        <\/div>\n        <\/div>\n        <\/div>\n\n            <\/li><\/ul>\n\n    \n<div class=\"wp-block-buttons carousel-controls is-horizontal is-content-justification-space-between is-nowrap is-layout-flex wp-container-core-buttons-is-layout-044bd602 wp-block-buttons-is-layout-flex\">\n            <div class=\"wp-block-button carousel-control-prev\"><button type=\"button\" class=\"wp-block-button__link wp-element-button\">Prev<\/button><\/div>\n        \n\n            <div class=\"wp-block-button carousel-control-next\"><button type=\"button\" class=\"wp-block-button__link wp-element-button\">Next<\/button><\/div>\n        <\/div>\n\n\n    <li class=\" wp-block-navigation-item see-all-link wp-block-navigation-link\"><a class=\"wp-block-navigation-item__content\"  href=\"http:\/\/www.greenpeace.org\/malaysia\/news-stories\/\"><span class=\"wp-block-navigation-item__label\">See all stories<\/span><\/a><\/li><\/div>\n    ","protected":false},"excerpt":{"rendered":"<p>You\u2019re probably paying more taxes than the richest people on Earth. Why? Because, unlike you, the super-rich can evade paying their fair share.<\/p>\n","protected":false},"author":67,"featured_media":60682,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"p4_og_title":"","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"","p4_local_project":"","p4_basket_name":"","p4_department":"","footnotes":""},"categories":[134,130],"tags":[102,135,112],"p4-page-type":[99],"class_list":["post-60681","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-educational-resource","category-green-future","tag-podcasts","tag-system-shift","tag-solutions","p4-page-type-resource"],"_links":{"self":[{"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/posts\/60681","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/users\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/comments?post=60681"}],"version-history":[{"count":7,"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/posts\/60681\/revisions"}],"predecessor-version":[{"id":63027,"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/posts\/60681\/revisions\/63027"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/media\/60682"}],"wp:attachment":[{"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/media?parent=60681"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/categories?post=60681"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/tags?post=60681"},{"taxonomy":"p4-page-type","embeddable":true,"href":"https:\/\/www.greenpeace.org\/malaysia\/wp-json\/wp\/v2\/p4-page-type?post=60681"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}