00:00 Three NGOs have demonstrated in front of the European Parliament in Brussels with an inflatable
00:07 jet to draw attention to inequality in Europe.
00:11 Avaz, WeMove and Oxfam and young activists use an inflatable jet to highlight lavish
00:17 lifestyles of the super-rich.
00:20 According to Oxfam, governments are losing out on 286.5 billion euros in revenue annually,
00:27 equivalent to 33 million euros per day.
00:31 "The inflation, the cost of living crisis, the pandemic and we see that it's mainly the
00:38 normal people that are paying the cost of those crisis.
00:41 99% of the EU population has become poorer since 2020.
00:46 So today we ask to forget austerity, we ask for more public financing and to do that to
00:53 finance hospitals, to finance climate action.
00:55 We know where the money is, this is not rocket science."
00:59 In a report published by Oxfam last year, analysis says that a person from the richest
01:05 1% emits on average 14 times more CO2 than a normal person.
01:11 The campaigners say that if the rich people will be taxed, there will be a financial margin
01:15 for more funding against the climate crisis.
01:18 "If we are able to have a wealth tax on the super-rich, we can have funds to help save
01:24 our planet, funds to help communities that have been affected by the climate disaster,
01:29 including farmers.
01:31 Farmers and agriculture are currently constantly being affected by what's happening with our
01:34 climate with droughts, with floods and we need the money and that money can come from
01:41 taxing the super-rich who are barely paying anything.
01:44 It's really unfair."
01:46 The NGOs call on the EU to introduce a European wealth tax that will set up a minimum amount
01:52 on capital gains and implement windfall and excess profit taxes on big companies.
01:57 [BLANK_AUDIO]
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