Sunday 22 July 2012

trickle down???

"£6.3tn of assets is owned by only 92,000 people, or 0.001% of the world's population – a tiny class of the mega-rich who have more in common with each other than those at the bottom of the income scale in their own societies."


"These estimates reveal a staggering failure: inequality is much, much worse than official statistics show, but politicians are still relying on trickle-down to transfer wealth to poorer people," said John Christensen of the Tax Justice Network. "People on the street have no illusions about how unfair the situation has become."


http://www.guardian.co.uk/business/2012/jul/21/global-elite-tax-offshore-economy

1 Comments:

Blogger A concerned India said...

when the waters run dry and the earth splits into two, and there is poison in our food we can turn to hard cash and shove it down our throats?!

22 July 2012 at 10:12  

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