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posted by Fnord666 on Sunday October 29 2017, @08:01AM   Printer-friendly
from the goose-and-the-golden-egg dept.

Wealth inequality stands at its highest since the turn of the 20th century - the so-called 'Gilded Age' - as the proportion of capital held by the world's 1,542 dollar billionaires swells yet higher. The report, undertaken by Swiss banking giant UBS and UK accounting company PwC, discusses the roles technology and globalization play in the status quo, and appears two weeks after the IMF recommended that the rich should pay more tax to address the enormous disparity.


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  • (Score: 2, Insightful) by khallow on Sunday October 29 2017, @05:03PM

    by khallow (3766) Subscriber Badge on Sunday October 29 2017, @05:03PM (#589110) Journal

    It might incentivize them to do something useful with it.

    Yes, like bribe politicians to protect their wealth, build some Rube Goldberg tax avoidance/evasion scheme, or move to a country where heirs can inherit.

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