#privatewealth — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #privatewealth, aggregated by home.social.
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#Billionaires’ #wealth surged $6.5tn over past decade
"the richest 1% of te global population has gained at least $33.9tn in real terms, which #Oxfam said was “enough to end annual global #poverty 22 times over”.. #privatewealth growing 8 times faster than te net wealth of #governments btw 1995 & 2023.. A survey by Oxfam found tt 86% of people supported paying for #public #services by “closing loopholes” tt allow wealthy indivs & large corps to use #taxhavens" #inequality
https://www.theguardian.com/news/2025/jun/26/billionaires-wealth-oxfam-report -
A detailed #explainer & #FAQ by “taxinomics” of the #BuyBorrowDie strategy used by the wealthy for #TaxAvoidance 🤯:
https://old.reddit.com/r/BuyBorrowDieExplained/comments/1f26rsf/buy_borrow_die_explained/
Via HN: https://news.ycombinator.com/item?id=41408772
#Tax #Wealth #IncomeTax #EstateTax #PrivateWealth #Inheritance #USA
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'#Inequality and the super-#rich: the status quo is unsustainable
Growing #PrivateWealth, combined with #PublicAusterity, is undermining the health of western democracies
https://www.theguardian.com/commentisfree/2024/jan/23/the-guardian-view-on-inequality-and-the-super-rich-the-status-quo-is-unsustainable -
The stench coming from this government? It’s the corrupt mixture of private wealth and public squalor | Jonathan Freedland | The Guardian
#Tories
#ToryCorruption
#PrivateWealth
#PublicSqualor
#GildedRealm
#PublicServicesBrokenJohnson, Sunak, Sharp and Zahawi operate in a gilded realm, while the services that keep Britain running are hobbled and broken, says the Guardian columnist Jonathan Freedland
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Revealed: #Queen lobbied for change in #law to hide her #PrivateWealth | #UK news | The Guardian
This is why the UK is not a proper #democracy