January 19, 2022
Taxing Extreme Wealth Could Lift 2.3 Billion People Out of Poverty
Extreme inequality is the preexisting condition that made our society more vulnerable to disease and undermined a robust global public health response.
The pandemic has shone a spotlight on how inequality kills. As inequalities in income, wealth and access to health care have accelerated, the world’s most economically precarious people have suffered far more than their fair share of death and economic loss.
As a new Oxfam report points out, inequality contributes to the deaths of more than 21,000 people each day. And make no mistake — the pandemic is making inequality worse. Oxfam reports that 99% of the world’s workers earned less money than they would have if the pandemic hadn’t happened.
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Originally in CNN.
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