WEALTH GAP IN THE MIDDLE EAST

WGA/5/10

Sponsored by Nishta Sidella, Nishi Bonthula, Alvin George, Hannah Varghese of Chattanooga School For The Liberal Arts

The delegates above represented the Delegation of United Arab Emirates.

This legislation was filed in the Economic and Financial category

Presented as part of the MUN B 2023 conference

1 To the General Assembly,
2
3 Aware that the top 1% of individuals in the UAE hold more than 50% of the entire country's
4 wealth, wealth inequality in the UAE is amongst the highest in the world
5
6 Noting that each day income inequality in the Middle East is rapidly growing, with 56% of national
7 income accruing to the top 10% of income earners
8
9 Acknowledging that the Gulf countries, including Bahrain, Kuwait, Oman, Qatar, the UAE, and
10 Saudi Arabia, suffer from some of the worst income inequality in the Middle East, with 54% of the
11 national income being distributed among the top 10% of residents
12
13 Considering that the Middle East is the most unequal region worldwide, 56% of national income
14 accrues to the top 10%, and only 12% goes to the bottom 50%
15
16 We the delegation of the United Arab Emirates do hereby:
17
18 Urges the United Nations to mandate a wealth tax in the Middle East where individuals are taxed
19 based on their income
20
21 Considers that wealthier individuals pay more taxes and poorer individuals pay less taxes to help
22 contribute to the wealth gap
23
24 Requests the United Nations to increase aid towards low-income individuals by reevaluating and
25 reconsidering the tourism tax applied to all Middle East residents
26
27 Encourages other nations to initiate similar efforts in order to eradicate income inequality and
28 promote the well-being of all nations through tax distribution
29
30