As Davos opens, Oxfam urges windfall tax on food companies, billionaire-busting taxes

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 61%

Business News News

Business Business Latest News,Business Business Headlines

LONDON \u002D\u002D Food companies making big profits as inflation has surged should face windfall taxes to help cut global inequality, Oxfam says.

Play Video

To combat these problems, Oxfam urged higher taxes on the rich, through a combination of measures including one-time “solidarity” taxes and raising minimum rates for the wealthiest. The group noted that billionaire Tesla CEO Elon Musk’s true tax rate from 2014 to 2018 was just over 3%. “What we’re calling for is windfall taxes, not only on energy companies but also on food companies to end this crisis profiteering,” Bucher told The Associated Press in an interview.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

WEF can go to hell. Evil incarnate

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

As Davos opens, Oxfam urges windfall tax on food companiesOxfam urges higher taxes on the rich, with food companies targeted with windfall taxes You should be writing slam pieces on our disgusting govt officials in attendance at this fyi Davos/WEF is a private club & privately owned empire for elites ...why are there ANY discussions of tax reforms? CdnMediaFailed to book a ticket to davos, but sucking up may get seats next year.
Source: globeandmail - 🏆 5. / 92 Read more »

Oxfam urges windfall tax on food companies as Davos opensFood companies making big profits as inflation has surged should face windfall taxes to help cut global inequality, anti-poverty group Oxfam said Monday as the World Economic Forum's annual meeting gets underway. What the hell has Davos got to do with anything, there should be no taxes on food, the carbon tax is just a tax grabbing SCAM, Davos is a bunch of loser billionaires that think they're more important than anyone else, need to be banned in every country in the world, FFS Let's be clear on who will pay that tax.... It won't be the food companies, it will be the CUSTOMERS, who are all already paying too much for food. No thanks.
Source: CTVNews - 🏆 1. / 99 Read more »