
Tax the rich?!
Finshots Daily
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Taxing the Rich
Oxfam: For every $100 of new wealth created in the global economy, between December 2019 and December 2021, $63 went to the top 1%, while the bottom 90% only gained $10. Oxfam says that a tax of up to 5% of the world's multi-billionaires and billionaires could raise $1.7 trillion a year. But it's not so simple because the question is, is levying a wealth tax fair? Finch Shorts Daily looks at why there's a lot of clamor to tax the rich.
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