I skim read the following article:
Call for new taxes on super-rich after 1% pocket two-thirds of all new wealth
What a sickening immoral world we inhabit. Even in a rich country like the UK a sizable percentage of the population are going cold or hungry.. or both. I find it absolutely unacceptable.
The Government says the UK has run out of money, so they can't just keep helping people. But we need to bear in mind that the top 1% have the same wealth as the bottom 60% of the population. The bottom 50% of the population has only got about 7% of all the wealth etc.
So there's plenty of money, it's just that successive Governments (especially Tory ones) consider the wealth of the rich and comfortably off as somehow being sacrosanct, so we cannot redistribute wealth at all in order to have a slightly less inequitable society.
For this reason I cannot have any sympathy when the Government and others claim that there's no money. This is false, there's a vast amount of wealth, it's just a small percentage of people hoarding it all.
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