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One percent of the money capital of the head of Amazon Jeff Bezos is equal to the budget of Ethiopia on health care.
the status of the 26 richest people of the world were comparable with incomes of the 3.8 billion poorest people, according to the report of the international Association of Oxfam. According to the organization, in 2018, billionaires have become richer by 12%, while the level of welfare of the poor decreased by 11%. For the year as more than 2 200 billionaires has increased by $900 billion According to estimates by Oxfam, in the period 2017-2018 every other day another person earned your first billion.
as a result of this transfer, the funds are concentrated in the hands of a smaller number of people: in 2017, with incomes of the poorest half of the world's population, it was possible to map property 43 billionaires in 2016 – 61.
as an example, in Oxfam cited the head of Amazon Jeff Bezos, the richest man in the world. Even 1% of his fortune is comparable with the budget of Ethiopia on health care, writes Lanostragazzetta.it .
On the background of such data, the experts urge the government to take immediate measures to reduce income inequality. In particular, this can be achieved by raising taxes on the rich – as calculated in the organizations, increasing the income tax 1% richest people in the world by only 0.5 percentage points will provide education 262 million children.
in reality, However, taxes on corporate profits decline. In the developed countries tax rate on profits has fallen to an average of 38% in 2013 from 62% in 1970, and in developing countries, the figure is 28%.
For their study, the company Oxfam used data from Credit Suisse about the welfare of people in the world for the period from June 2017 to June 2018, and the rating of the richest people in the world by Forbes in March 2018.
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