With even Britain’s Labour Party avowing no new taxes on the wealthy, it is refreshing when one reads about people of means asking to be taxed more. In the United States, it is the billionaire Warren Buffett who clamours for fair taxation. His Buffett Rule came to prominence when he publicly
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Politics and its Discontents: The Haves Certainly Have It
This from today’s Letters To The Editor, to which I have nothing to add: Re: Two richest men as wealthy as poorest 30 per cent, Jan. 16 It is telling that this news report was not a front-page headline in the Star. As if the world needed any more data
Continue readingWealth gap—the greatest ever?
A couple of items I encountered recently demonstrated perfectly the extremes of the now much talked about wealth gap. First, was a report by Oxfam entitled “Working for the Few” which revealed that the world’s richest 85 people own as much wealth as the poorest 3.5-billion, a staggering statistic. At
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