Flash mob in Manila demands wealth tax amid global economic talks

A flash mob of 100 participants took place at Plaza Miranda in Quiapo, Manila January 20, 2025, coinciding with the opening day of the 2025 World Economic Forum Annual Meeting in Davos – Klosters, which runs from January 20 up to the 24th.

The event is designed to capture the attention of both the public and the media by leveraging the element of surprise, utilizing both traditional and social media channels to amplify its impact.

Calls for a wealth tax are gaining momentum in the Philippines and across Asia. In the final quarter of 2024, APMDD launched a regional petition advocating wealth taxation. This initiative was propelled by people’s organizations, who began the “People’s Petition for Wealth Tax: Tax Justice for Public Services & Climate Action” through a signature campaign at a media forum in October 2024.

The campaign aims to directly confront the aggressive tax avoidance and exploitation practices of the ultra-wealthy and multinational corporations, highlighting the growing issues of poverty and inequality in the region.

The “People’s Petition for Wealth Tax for Public Services & Climate Action” urgently demands that governments, not just in Asia but around the globe, take decisive action to enforce wealth tax policies. It calls for the revenue generated from these taxes to be directed towards ensuring people’s fundamental rights to essential public services—such as healthcare, education, housing, living subsidies, and social wages—while also contributing to funding immediate climate action.

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