Date: 2023-Jan-17, Tuesday 01:20 am (UTC)
mellowtigger: (cooperation)
From: [personal profile] mellowtigger
Agreed. :( Pandemic suffering is just good business to some people. Other people, however, are being rational about the problem.
To counter this growing inequality, Oxfam is calling on governments to raise taxes on their wealthiest residents. It proposes introducing one-time wealth tax and windfall taxes to end profiteering off global crises, as well as permanently increasing taxes on the richest 1% of residents to at least 60% of their income from labor and capital. Oxfam believes the rates on the top 1% should be high enough to significantly reduce their numbers and wealth. The funds should then be redistributed.
- CNN

I think this Oxfam International report is the article's source.
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