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Over 10 Years: Top 1% got richer - Are we really taxing the rich?

5 Aug 2024 23:35
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In the past decade, the top 1% have amassed a staggering $42 trillion, according to Oxfam. Data expose the jaw-dropping wealth disparity between the richest individuals and the rest of the world and how the top 1% have managed to accumulate nearly 36 times more wealth than the poorer half of the global population, all while paying minimal taxes. Today, we shed light on the implications of this wealth concentration, the G20 summit discussions on taxing the super-rich, and why some nations are hesitant to implement global tax reforms. So, let's delve into it: are we really taxing the rich?

  • Taxes
  • income taxes
  • rich countries
  • G20
  • economy
  • Oxfam
  • Brazil
  • African Union

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