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Wealth


JoelR

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The world's top 26 billionaires now own as much as the poorest 3.8 billion. Global wealth inequality widened last year as billionaires increased their fortunes by $2.5 billion per day

http://time.com/5508393/global-wealth-inequality-widens-oxfam/

Since the financial crisis almost a decade ago, the number of billionaires has nearly doubled, with a new one created every two days between 2017 and 2018. At the same time, the mega-rich and wealthy corporations are enjoying lower tax rates than they have in decades, the report said.

“Governments are exacerbating inequality by underfunding public services, such as healthcare and education, on the one hand, while under taxing corporations and the wealthy,” Oxfam said.

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i`ll never figure this out!! the wealthy, that can afford to pay higher taxes get off scot free. the rest of us that struggle everyday with money are taxed to death!! i`d love to know what the fuck is going on!!! 

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