Charity says only a crackdown on tax dodging,higher investment in public services and higher wages can halt the wealth divide widening even further and fasterThe huge and growing gap between rich and poor has been laid bare in a unique Oxfam report showing that the 62 richest billionaires own as much wealth as the poorer half of the world’s population.
Timed to coincide with this week’s gathering of many of the super-rich at the annual World Economic Forum in Davos, the report calls for urgent action to deal with a trend showing that 1% of people own more wealth than the other 99% combined.
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Source: theguardian.com