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By Samanfur
#26201
I missed this thread, and it seems more appropriate than the general BBC thread:

A New Billionaire Was Created Every 30 Hours During The Pandemic: Oxfam
The report had one principal recommendation: tax the rich. Oxfam suggested “one-off solidarity taxes” on billionaires’ increased wealth during the pandemic, as well as a permanent, progressive wealth tax of 2% on wealth above $5 million and 5% for wealth above $1 billion.
By Oboogie
#26214
"The charity Oxfam, which issues a report on inequality during the Davos forum each year, claims that over the last two years a new billionaire had been created every 30 hours.

At the other end of the income spectrum, Oxfam expects around one million people to fall into extreme poverty every 33 hours this year, the charity's international executive director Gabriela Bucher told the BBC.

"Inequality between countries had been reducing over the last couple of decades," she said.

"During the pandemic it had increased and with the rates we're seeing now it looks like it's going in extreme directions that are creating these catastrophic conditions and they reflect in people's lives."

https://www.bbc.co.uk/news/business-61549155
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