Social inequality is progressing and today poor people pay more taxes than rich people



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Inequality in the distribution of wealth in the world is "out of control", warns a report from the anti-poverty NGO Oxfam released on Monday (21/01). According to the document, in 2018, when the most privileged layers accumulated wealth, the poorest became even poorer, thus widening the gap that separated the two groups.

According to Oxfam, a new billionaire appeared every two years. while the badets of the world's 3.8 billion poorest people have declined by 500 million each day. Billions of dollars a day, while the poorest sectors see their wealth decline by 11%.

According to the report, the 26 richest people in the world concentrate a wealth equivalent to that of the 3.8 billion people who make up the poorest part of the world's population, or 50 percent of the world's population.

The tax systems that plague the poorest sections of the world's population deepen the gap between rich and poor and popular discontent, said Winnie Byanyima, Executive Director of Oxfam International.

"While business and the very wealthy benefit from low taxes, millions of girls do not have access to quality education and many women die for lack of maternity care," Byanyima said.

The report states that governments are increasingly underfunding public services and under-taxing the rich. "The poor suffer doubly, with the lack of essential services and also by paying a heavier tax burden," said Oxfam's executive director.

The NGO stresses that the taxes of large and wealthy companies are reduced in recent decades. When governments fail to tax the wealthiest, the tax burden is based on consumption taxes, such as value-added taxes (VAT).

"Indirect taxes such as those on salt, sugar or soap, basic resources that people need […] Thus, the poor pay a relatively larger share of their income than the rich," he said. Byanyima.

More equitable tax systems can help solve the problem. Oxfam says that if 1% of the world 's richest people pay only 0.5% more tax on their wealth, it would raise more than enough money a year to finance the studies of the world. all 262 million children

The NGO suggests governments revalue wealth taxes, such as inheritance taxes, which are reduced or eliminated in many of the most developed countries and n & # 39; It has not even been implemented in the poorest countries.

The report, published shortly before the start of the World Economic Forum in Davos, brings together in Switzerland political and economic leaders from around the world. is based on information from the Credit Suisse Investment Bank's wealth database and the Forbes [1] "billionaires list" [1] (F, b, e, v, n , t, s)
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