Number of global billionaires has doubled since the financial crisis [View all]
http://www.independent.co.uk/news/world/politics/number-of-global-billionaires-has-doubled-since-the-financial-crisis-9826345.html
The influential report is supported by Bank of England chief economist Andrew Haldane and Nobel Prize-winning economist Joseph Stiglitz. It notes that since 2009 one million women have died in childcare due to lack of basic health care, and that 57m children are currently missing out on any form of education.
The charity, which published the report as part of its new Even It Up campaign, also found that the richest 85 people in the world have the same wealth as the poorest half of the world’s population.
This group saw its wealth increase by a staggering £412m every day in the last year, while Oxfam now estimates that there are 16 billionaires in Sub-Saharan Africa, where 358m people live in extreme poverty.
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By calling for a shift of taxation from labour towards wealth and capital, the charity risks being attacked by those on the economic right, who accuse it of politicising the international debate surround poverty..
Wealth tax??? Hell yes.
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