We Must End Global Oligarchy
'This massive level of wealth and income inequality, and the political power associated with that wealth, is an issue that cannot continue be ignored. We must fight back.'
One of the major, untold stories of our time is the rapid movement toward global oligarchy, in which just a handful of billionaires now own and control a significant part of the world economy.
Here in the United States, the top one-tenth of 1% owns almost as much wealth as the bottom 90%. Incredibly, according to a recent report from the Institute for Policy Studies, three of the richest people in America—Bill Gates, Jeff Bezos and Warren Buffett—now own more wealth than bottom 160 million people in our country.
"The Paradise Papers make it clearer than ever that we need, in the United States and throughout the world, a tax system which is fair, progressive and transparent."
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