Calls Come For Billionaire Tax As 1% Pocket Two Thirds Of New Wealth Created During The War

Calls Come For Billionaire Tax As 1% Pocket Two Thirds Of New Wealth Created During The War

A new report covered by the Guardian states that 1% of people on the planet during the war and pandemic pocketed the vast amount of new wealth created again:

https://www.theguardian.com/inequality/2023/jan/16/oxfam-calls-for-new-taxes-on-super-rich-pocket-dollar-26tn-start-of-pandemic-davos

Some have suggested some sort of billionaire tax on the ultra wealthy would solve the situation.

Seems sensible. As no one realistically needs many billions of dollars. It is little surprise that there is so much talk of new wars after the above findings.