Global wealth inequality widened last year as billionaires increased their fortunes by $2.5 billion per day, anti-poverty campaigner Oxfam said in a new report.
While the poorest half of humanity saw their wealth dwindle by 11%, billionaires' riches increased by 12%. The mega-wealthy have also become a more concentrated bunch. Last year, the top 26 wealthiest people owned $1.4 trillion, or as much as the 3.8 billion poorest people. The year before, it was the top 43 people.
[...] To address many of these ills, Oxfam advocated raising taxes. It estimated that a 1% wealth tax would be enough to educate 262 million out of school children and to save 3.3 million lives. As of 2015 returns, Oxfam says that only four cents in every tax dollar collected globally came from tariffs on wealth, such as inheritance or property. The report also claims that the rich are hiding $7.6 trillion in offshore accounts
Previously: Only 1% of World's Population Grabbed 82% of all 2017 Wealth
(Score: 0, Touché) by Anonymous Coward on Tuesday January 22 2019, @04:54PM (3 children)
>> Did a black man steal ...
Way to continue propagating negative racial stereotypes.
thatsracist.gif
(Score: 2, Interesting) by Azuma Hazuki on Tuesday January 22 2019, @05:21PM (2 children)
Hurr hurr hurr...shut up. No it's not. What it is is an only half-joking attempt to figure ou where this guy's constant anti-black "scientific" racism comes from. I'm trying to imagine how his mind works and just not coming up with anything coherent aside from a trauma model.
I am "that girl" your mother warned you about...
(Score: -1, Flamebait) by Anonymous Coward on Wednesday January 23 2019, @04:55AM (1 child)
Fuck off, Azuma. You're a notorious SJW hyper-troll on here and you're not fooling anyone. Facts don't care about your feelings. Go fuck yourself.
(Score: 2) by Azuma Hazuki on Wednesday January 23 2019, @07:23AM
Wrong on two counts, "SJW" and "troll" of any description. We are in a sad state when someone who has the courage and moral fortitude to stand up to the rising tide of authoritarian right-wing batshit sludge that's slowly dissolving this place is called "troll." You, good sir, and I am *certain* you are a "sir," can go fuck YOURself. If you can get ahold of that microscopic excuse for genitalia, I mean.
I am "that girl" your mother warned you about...