Annual income of richest 100 people enough to end global poverty four times over

[muriel_volestrangler]

49. To add to the ohter points about what you missed in the article

Nowhere does it suggest "appropriating the personal assets of the richest 100 persons". What it suggests is:

Closing tax havens – which hold as much as $32 trillion or a third of all global wealth – could yield an additional $189bn in additional tax revenues. In addition to a tax haven crackdown, elements of a global new deal could include:

a reversal of the trend towards more regressive forms of taxation;
a global minimum corporation tax rate;
measures to boost wages compared with returns available to capital;
increased investment in free public services and safety nets.

Notice that it's not about appropriation - it suggests getting just 0.6% a year out of the assets in tax, by not having them in tax havens. And you can apply "a reversal of the trend towards more regressive forms of taxation" to the USA tax code, and "increased investment in free public services and safety nets".