The richest 1 percent grabbed nearly two-thirds of all new wealth worth
$42 trillion created since 2020 ...
While ordinary people are making daily sacrifices on essentials like
food, the super-rich have outdone even their wildest dreams. Just two
years in, this decade is shaping up to be the best yet for billionaires
a roaring ‘20s boom for the world’s richest ...
Taxing the super-rich and big corporations is the door out of today’s
overlapping crises. It’s time we demolish the convenient myth that tax
cuts for the richest result in their wealth somehow ‘trickling down’ to
everyone else. Forty years of tax cuts for the super-rich have shown
that a rising tide doesn’t lift all ships —just the superyachts ...
Elon Musk paid a “true tax rate” of about 3 percent between 2014 and
2018. Aber Christine, a flour vendor in Uganda, makes $80 a month and
pays a tax rate of 40 percent ...
"Richest 1% bag nearly twice as much wealth as the rest of the world put
together over the past two years"
Published: 16th January 2023
https://www.oxfam.org/en/press-releases/richest-1-bag-nearly-twice-much-wealth-rest-world-put-together-over-past-two-years
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