A new report, funded by the european union, has found that the worlds super rich are still able to pay low rates of tax, despite a decade of efforts to reduce evasion. The study says there are still too many loopholes and billionaires are able to pay less than half a percent of their wealth. The eu tax observatory, which is behind the report, is calling for a new global minimum tax on billionaires saying that if the richest 3000 people in the world paid 2 , then it would raise 250 billion a year. Lets speak now to one of the reports authors quentin parrinello, Senior Advisor at the eu Tax 0bservatory . What more can you tell us about what this report is calling for and whether its feasible . In this report we are trying to target tax evasion and mistakes have happened in the last decade in terms of tax evasion. Mainly focusing on the taxation of billionaires. We are asking to replicate the agreement on the global scale. For Global Billionaires. As you said, Global Billionaires. As you
These pictures are from rafah, where locals pulled victims from the rubble of a house that was hit in one of the overnight israeli strikes. These images are from khan younis in Southern Gaza. Youll remember israel told people in Northern Gaza to evacuate to the south more than a week ago ahead of a possible ground offensive. People in gaza said there was nonstop bombing and shelling by israel overnight. One of the bombardments was by a hospital. There Israeli Defence forces then released this video of air strikes over gaza and we cant be sure exactly where it was shot from. You can see a building being destroyed in those images. Officials say that they have been targeting hamas infrastructure, including the underground tunnels and operational headquarters of hamas. This is according to israels defence ministry. The Defence Minister in israel says the campaign to take up to three months but would eventually, israel intends, to wipe out hamas. In northern israel, there have been exchange
Would happen soon. With more, heres our correspondent wyre davies from jerusalem, and a warning, you may find parts of his report distressing. The human toll in gaza is mounting. These casualties brought to the al aqsa hospital in central gaza are outside the zone from which israel had told civilians to flee. Its not known from where the victims came, but many of the dead and injured are children. Some images, too distressing to broadcast, show the bodies of at least a dozen children. Translation we have been here since the Crack Of Dawn L and the bodies have completely filled the hospital yard. This is in addition to the bodies in refrigerators which are full. We dont have enough shrouds for the dead because the numbers are huge. Israeli air strikes in response to the massacres of october 7th are against what it calls strategic hamas targets. They have left parts of the gaza strip looking like a wasteland. Such bombing, say palestinians, is indiscriminate by its very nature, resulting