The wealth of the world's 10 richest men doubled from $700 billion to $1.5 trillion during the pandemic, Oxfam said Monday.
"If these ten men were to lose 99.999 percent of their wealth tomorrow, they would still be richer than 99 percent of all the people on this planet," said Oxfam International's Executive Director Gabriela Bucher. The wealth of the world's 10 richest men doubled from $700 billion to $1.5 trillion during the pandemic, the global charity"It has never been so important to start righting the violent wrongs of this obscene inequality by clawing back elites' power and extreme wealth including through taxation — getting that money back into the real economy and to save lives," said Oxfam International's Executive Director Gabriela Bucher.
This is advocation theft of private property and outright confiscation. It OBVIOUSLY won’t just stop with the top 10 or even billionaires. It’s abhorrent.
Protect your wealth from cruel and unusual punishment (taxes) by converting government fiat into unconfiscatable digital property.
Compliments to FED for all liquidity that turned StockMarket and CryptoMarket into 2 biggest CASINOS in the world! FED - 'Thank you for participating in our wealth redistribution cycle !'
Thank the Fed, Trump and Biden.
Tax the wealthy until u have no more wealthy. The middle class drowns in inflation. This is why I buy BITCOIN
This is one of the worst written article I have ever read.
Fed & Congress: “We must tackle inequality! The rich are so greedy” Fed & Congress: *Absurd fiscal and monetary policy to prop up asset markets* Fed & Congress: “Tax the rich!”
Collectivism is evil.
Shills at CNBC never stop. Inflation is a tax on the poor caused by day trading regulators and day trading congress. Trying to get us pissed at B’s won’t help matters. End the fed.
SpeakerPelosi ‘s average salary is $175,000 but yet she is worth $389 million dollars. Disney’s CEO salary is $60 million. Shall we discuss CEO and Politician crony capitalism, or Elon Musk’s wealth all locked up in the stock market generating jobs and production
Always hacking away at the branches, never interested in the rotten roots. Sad.
Oxfam. Literally who?
If you give a dollar away it dies, if you spend a dollar it multiples. How much of all this wealth is tangible? If you tax them where do they get the money, sell stock. So what happens to my money invested? I would prefer they skim off the top building a 100 mil home employing..
'getting that money back into the real economy and to save lives'. Not, since their wealth is deployed largely in investments in companies, which pay wages and provide employment, as well as products.
The way people are complaining about inflation and inequality it’s as if the permanent $1.7 trillion in tax cuts to corporations isn’t trickling down.
you don't need to tax anyone, just dramatically reduce taxes and abolish fiat money, that would solve most of the issues in a decade
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