Search
Items tagged with: Inequality
“The amount of untaxed wealth hidden offshore by the richest 0.1 percent exceeds the entire wealth of the poorest half of humanity (4.1 billion people), according to a new Oxfam analysis published on April 2, 2026, ahead of the 10th anniversary of the Panama Papers.
The findings show that, a decade later, the super-rich continue to exploit offshore systems to evade taxes and conceal assets, highlighting the urgent need for coordinated international action to tax extreme wealth and end the use of tax havens.
An amount of $3.55 trillion in untaxed wealth was stashed offshore in tax havens and unreported accounts in 2024, according to Oxfam’s estimates. “This sum exceeds the GDP of France and is more than twice the combined GDP of the world’s 44 least developed countries,” a statement by Oxfam noted.“
downtoearth.org.in/governance/…
#TaxHavens #Offshores #TaxEvasion #Inequality
Untaxed wealth hidden offshore by richest 0.1% surpasses entire wealth of the poorest half of humanity: Oxfam
Oxfam’s new analysis reveals that untaxed offshore wealth held by the richest 0.1% now exceeds the entire wealth of the poorest half of humanity, exposing how tax havens fuel extreme inequality and urging global action to tax the super-rich and end s…DTE Staff (Down To Earth)
This week's comic: A "manly" economy
#economy #oligarchy #gender #authoritarianism #labor #jobs #inequality #work
"Jezz Bezos and Elon Musk emit more carbon pollution in 90 minutes than the average human does in their entire life."
...
“Half of the world’s emissions come from the richest 10% of people. The wealthiest 1% by income account for 16% of emissions, which is more than the poorest two-thirds of people in the world,”
gizmodo.com/billionaires-are-t…
#inequality #CarbonFootprint
Billionaires Are the One Case Where Personal Choices Can Affect Climate Change
A new study found that half of the world’s carbon emissions come from the richest 10% of people.Matthew Gault (Gizmodo)
'Since 2020, the richest five men in the world have doubled their fortunes. During the same period, almost five billion people globally have become poorer. Hardship & hunger are a daily reality for many people worldwide. At current rates, it will take 230 years to end poverty, but we could have our first trillionaire in 10 years'!
@oxfam latest report on #inequality focusses on the role of #corporations as the engines of the widening gap between rich & poor!
policy-practice.oxfam.org/reso…
Inequality Inc. How corporate power divides our world and the need for a new era of public action - Oxfam Policy & Practice
Since 2020, the richest five men in the world have doubled their fortunes. During the same period, almost five billion people globally have become poorer. Hardship and hunger are a daily reality for many people worldwide.Oxfam Policy & Practice
A nation that fails to keep its citizens alive is a failing nation. That is the US today.
Studying wealth inequality in animals can reveal clues about how their societies evolved
A new review creates a framework for learning about animal societies by drawing inspiration from studies of inequality in humans.ScienceDaily