Shifting U.S. Military Spending To Development, Implementing Tax On ‘Global Rich’ Could Improve Child Health, Education
Project Syndicate: Financing Health and Education for All
Jeffrey D. Sachs, professor and director of the Earth Institute at Columbia University and director of the U.N. Sustainable Development Solutions Network
“…[M]assive suffering could be ended with a modest amount of global funding. … [A] shift in focus from war to development [funding] would greatly bolster U.S. and global security … A second option would tax the global rich, who often hide their money in tax havens in the Caribbean and elsewhere. … Both solutions would be feasible and relatively straightforward to implement. They would underpin the new global commitments contained in the [Sustainable Development Goals (SDGs)]. … Our world is immensely wealthy and could easily finance a healthy start in life for every child on the planet through global funds for health and education. A small shift of funds from wasteful U.S. military spending, or a very small levy on tax havens’ deposits — or similar measures to make the super-rich pay their way — could quickly and dramatically improve poor children’s life chances and make the world vastly fairer, safer, and more productive. There is no excuse for delay” (5/31).
The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.