The resources of the world’s 3,000 billionaires is the crops $ 6.5TN (£ 4.8TN) in real terms over the past decade, according to OxfamEquivalent to 14.6% of global output.
The most richest 1% of the global population has gained at least $ 33.9tn in reality term, which charity is “enough to end annual global poverty of 22 times”.
The figures come as a variety of government’s face increasing calls to introduce a wealth tax an international elite.
In the UK, the number of billionaires grown sharply, out of 15 in 1990 to 165 in 2024, according to the separate figures from Equality confidenceThe discovery of their average means rose more than 1,000% on the same period. Billionaires pay “effective tax rates near 0.3% of their means, as well as below the average workers contribute” Oxfam said.
The charity in the UK to work with other governments to resist “the end of the inequality”, with private wealth growing eight times faster than the net wealth of governments between 1995 and 2023.
Rachel, the older plan for oxfam, he says, “This is the risk in the case of the risk of the way to clearly in the international development of poverty in public investment and fair-assessment.
“Control must have enough tax trillions pounds, which are locked in the bank accounts of the above-rich and prioritize combat against inequality, the wise oppression and air crisis.”
In Spain, Brazil, Germany and South Africa signed to G20 Pro A minimum 2% tax Super-rich to reduce inequality and resume public funds. The above potential impact, but A study of a leading French Economist Gabriel Zucman found that it could be a net up to $ 250bn on the extra revenue.
Four countries called in other governments to support the campaign, saying that a beloved in ultra-wealth would complement the business in assessment digital economy and ongoing tried to bring in Global Minimum Corporate Tax of 15% for multinational business.
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Ministers of Spain, Brazil, Germany and South Africa argue that the use of the tax port, and beloved to live in the lifetime, to prevent Elaber Ochsy and in the Bigger and Jersey, but to their money in billionaires, but in the Great.
Spain’s economy Minister, Carlos Cuerpo, said in a visit to London last November and the world’s richest countries need to be “strong”Saying recent choices shown citizens asking “redistribution means”.
By look about By Oxfam found that 86% of people sustained paying for public services by “closing loopholes” and allow the wealthy people and large corporations to tax port.
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