but we can now speak to gabriel's oakland who is one of the authors of the e u tax observatories report. thanks a lot for being with us. i guess we should start with the issue of why 1000000000 as all paying so little compared to the wealth in tax a yes indeed. that's one of the main findings of the repulse. when you look at the global b and there's a death text payments in liberty, income tax plus whatever taxes when they exist, add up to only 0 to 0.5 percent of the width. very little. the reason for that is that when you're very wealthy, is very easy to structure your wealth, such that your wealth generates very little taxable income. we've seen that in the west, in 2021 with the revelations, from the us media property that showed how narrows like jeff bezos are most often times pay 0 or most 0 in indeed your income tax. but the same problem exists in many other countries. so what's the tax observatories proposition, how you can actually change that? the most logical way to address the problem would be to have a minimum taxes on a global deo narrows express directly as a function of

and as that's according to the latest report from independent research group, the u tax observatory, it says that 1000000000 has currently pay less personal tax them tax as more modest means, because they can talk their wealth and shell companies as a way to avoid income tax. they claim that a 1000000000 a tax could raise financing for the energy transition and payoff debt wrapped up during the content. but we can now speak to gabriel's oakland who is one of the authors of the e u tax observatories report. thanks a lot for being with us. i guess we should start with the issue of why 1000000000 as all paying so little compared to the wealth in tex? a yes indeed, that's one of the main findings of the repulse. when you look at the global b and there's the tax payments, indigo to income tax plus whatever taxes when they exist, add up to only 0 to 0.5 percent of the width. very little. the reason for that is that when you're very well, fee is very easy to structure your wealth, such that your wealth generates very little taxable income. we've seen that in the west, in 2021 with the regula