The coronavirus pandemic, release of the Pandora Papers, and overall social media discourse have emphasized the wealth inequality present in the world today. In the United States, much of the conversation around wealth inequality revolves around taxation. The rich do not pay their fair share of taxes. From the beginning of the Covid-19 pandemic to today, the world’s 10 richest men have doubled their cumulative worth of $700 billion to $1.5 trillion. Oxfam’s executive director Gabriela Bucher said, “If these ten men were to lose 99.999 percent of their wealth tomorrow, they would still be richer than 99 percent of all the people on this planet.” |
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