Study: 82% of World’s Money Was Made by the Top 1% Last Year

Study: 82% of World’s Money Was Made by the Top 1% Last Year

Eighty-two percent of the money made last year went to the richest 1 percent of the world’s population, according to a report by anti-poverty charity Oxfam. With these numbers, the charity claimed that the gap between the global rich and poor has further increased. “Tax evasion, firms’ influence on policy, erosion of workers’ rights, and cost cutting” were the identified factors that contributed to the growing disparity. In this year’s report, the richest 42 people in the world had as much wealth as the poorest half. “However you look at it, this is an unacceptable level of inequality,” said Oxfam Chief Executive Mark Goldring. The report’s release is coincides with the World Economic Forum in Davos, where issues of inequality are discussed but “fade away at the first resistance,” said Goldring.
 
You are confusing the 1% with corporations. It is the individuals like Warren Buffet who own the wealth. If corporations weren't hurting you wouldn't see many of those closing stores or going out of business. If foreign companies pay less taxes and have less environmental controls they can sell products cheaper than the U. S. Make it easier for U. S. corporations to compete and more workers will be gaining wealth also.

Why would anybody bring money home and have to pay 35% taxes when they can stash it abroad and use lower interest rates to build plants abroad?

Remember, consumers control corporations. If you think they are too greedy abstain from buying cell phones, TVs, new cars, going to restaurants and movies...they would be gone just like all those Sams, Macys, Sears, Penneys, and other stores that closed. They didn't close those stores because they were making high profits.

they are not hurting they are readjusting to a changing market


they are corporations

remember the SCOTUS now claims they are humans


the 1% are the people who benefit from the huge corporations who are always trying to swallow up any small successful businesses



you don't care about the small business owner who get purposefully fucked by the big ones huh


remember what Walmart did to this nations small businesses
 
Yeah sure. LOL

Liar.



I "unofficially" retired early almost six years ago in 2012 at the age of 54.

Been living off of my own money ever since.

Won't begin collecting SS (official early retirement) for over a year.

Sucker.

GovCo worker, lol
 
GovCo worker, lol

1c4uye.jpg
 
The sad thing is this ^^ stupid, uneducated, greed worshipping redneck idiot ^^ probably considers himself a "good Christian".

What is educated about your moronic posts? Do you think corporations pay taxes??

Lower than slime piece of peckerwood garbage belongs in the dirty little trailer park where he lives with the rest of the trash.

This from the repugnant small minded asshole who whines about my posts. You really need to buy a mirror there shit-for-brains.

Just shut up and pay your taxes, BOY.

Punk.
 
You will probably have a stroke, when you realise that it's only a matter of time before governments will have to pay people a living wage. The rise of AI will effectively destroy many many jobs, even yours whatever that is.

Sent from my Lenovo K8 using Tapatalk

Nothing could be further from the truth. We saw the same moronic claims with the advent of personal computers.
 
My mother never set foot in a trailer park, peckerwood BOY.

Certainly not the one you live in....

cfmporch.jpg


Did you build that porch yourself or was it there when you first wandered up and decided to squat in it?

You are correct. Most of the time she was so drunk she had to be carried in.



Yeah, you've got the best janitor job in Peckerwoodville.

Luckily your mother helps out by making extra cash on Saturday nights selling her ass for $2 in the parking lot at the local redneck bar.

Loser.

Nigger.
 
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