Survival of the Richest
Oxfam’s report exposes the staggering growth in extreme wealth and poverty
Oxfam has called for the systemic and wide-ranging taxation of the super rich. This includes the introduction of a one-off solidarity tax as well as windfall taxes
World’s richest 1% captured over 63% of all wealth created since 2020: Oxfam
An Oxfam report notes that the richest 1% of the world’s population captured over USD 26 trillion (nearly 63%) of the USD 42 trillion created since 2020, nearly twice the USD 16 trillion (37%) that went to the rest of the population