Tax the rich: Pope Francis calls for global wealth redistribution

Tax the rich: Pope Francis calls for global wealth redistribution
Pope Francis (Image: YouTube screen grab)

[Ed. – There have been popes with descriptive monikers like ‘Innocent.’ Maybe this one should be called ‘Liberal.’]

Tax cuts for the wealthy constitute a “structure of sin,” Pope Francis said Wednesday in a passionate address calling for international wealth redistribution.

“Every year hundreds of billions of dollars, which should be paid in taxes to fund health care and education, accumulate in tax haven accounts,” the pontiff told participants in a Vatican seminar, “thus impeding the possibility of the dignified and sustained development of all social agents.”

“Today’s structures of sin include repeated tax cuts for the richest people, often justified in the name of investment and development,” Francis told the meeting organized by the Pontifical Academy for Social Sciences.

Trending: Biden canceled Trump’s plan for a ‘Garden of American Heroes.’ But look who honorees were

During his discourse, the pope repeated his conviction that poverty is on the rise worldwide and “the poor increase around us.”

Continue reading →

Comments

For your convenience, you may leave commments below using Disqus. If Disqus is not appearing for you, please disable AdBlock to leave a comment.