Reposted by Chloé Mosonyi
Oxfam has found that billionaires pay effective tax rates close to 0.3% of their wealth.
UK billionaires’ wealth increased by £35m a day in 2024.
The world is now on track to see five trillionaires within a decade.
Tax. The. Rich.
theguardian.com
Billionaires’ wealth surged $6.5tn over past decade, Oxfam reports
Real-terms gains of $33.9tn for world’s richest 1% ‘enough to end annual global poverty 22 times over’, charity says