Food and energy billionaires $453bn richer than two years ago, finds Oxfam | The super-rich | The Guardian
Oxfam ... called for the introduction of permanent wealth taxes to “rein in extreme wealth and monopoly power”. It said an annual wealth tax starting at 2% for millionaires, and rising to 5% for billionaires, could generate $2.5tn a year. That would be enough, said Oxfam, “to lift 2.3 billion people out of poverty, make enough vaccines for the world, and deliver universal healthcare and social protection for everyone living in low- and lower middle-income countries”.
