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Saving millions of lives with less humanitarian aid: taxing the richestPhoto by geralt on Pexels
World

Saving millions of lives with less humanitarian aid: taxing the richest

Euronews Portugal15 September 2026 at 06:46

A new study published in the scientific journal The Lancet proposes that a 3% tax on the wealth of millionaires could generate sufficient resources to save up to 29.5 million vulnerable lives by 2030. The research comes at a time when humanitarian and development funding faces unprecedented pressures.

The study argues that progressive taxation of the richest represents a viable solution to bridge gaps in global aid financing. The researchers advocate that this measure could mobilize significant resources without compromising the economic growth of the countries involved.

The article contextualizes that the current humanitarian crisis poses growing challenges to international organizations and non-governmental organizations. Traditional funding has been insufficient to meet the growing needs of the most vulnerable populations worldwide.

The proposal to tax millionaires emerges as an alternative to conventional fundraising strategies, suggesting that developed countries could implement this measure in a coordinated manner to maximize impact on mortality reduction and support for communities most in need.

Why this matters

The article is of interest to Lusophone readers because it addresses a concrete proposal for humanitarian financing that could benefit vulnerable populations worldwide, including communities where Portugal and other Lusophone countries have diplomatic and humanitarian interests. The discussion about taxing millionaires arises at a time of increasing pressure on international aid budgets.

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This is our short summary of a report published by Euronews Portugal on 15 September 2026 at 06:46; the full text stays with the publisher. In our feed it sits under World. We currently carry 19095 items in that section.

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