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 |