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8 richest people have same wealth as half the world's poorest

8 richest people have same wealth as half the world's poorest

(2:16) The world's eight richest people own the same amount of wealth as the poorest half of the globe, 3.7 billion people, according to a report published by Oxfam in January 2017.

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Maxwell1956 Maxwell1956 (451 days ago)

.....and do they pay their fair share of taxes?

Read Canadian journalist and author Linda McQuaigs 1987 book "Behind Closed Doors - How The Rich Won Control of Canada's Tax System ...And Ended Up Riicher" AND a review of her book in the Journal of Business Ethics(September 1988)

1) LINK

2) LINK

Mr. Blair M. Phillips

Canada

ReplyVote up (101)down (87)
Original comment

.....and do they pay their fair share of taxes?

Read Canadian journalist and author Linda McQuaigs 1987 book "Behind Closed Doors - How The Rich Won Control of Canada's Tax System ...And Ended Up Riicher" AND a review of her book in the Journal of Business Ethics(September 1988)

1) LINK

2) LINK

Mr. Blair M. Phillips

Canada

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Guest: (451 days ago)

I think those statistics might be misleading. A whole lotta people are net in the hole (mortgage, student loans, consumer debt, etc). Hence my dog has a net worth of exactly zero but is probably still wealthier than the poorest third of the world population combined.

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Original comment

I think those statistics might be misleading. A whole lotta people are net in the hole (mortgage, student loans, consumer debt, etc). Hence my dog has a net worth of exactly zero but is probably still wealthier than the poorest third of the world population combined.

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Guest: Guesting (450 days ago)
Latest comment:

Correct.

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Latest comment:

Correct.

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