Campbell
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- Aug 20, 2015
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http://www.nytimes.com/2016/01/19/b...faulting-tax-havens.html?ref=todayspaper&_r=0
"Just 62 people own as much wealth as the 3.5 billion people in the bottom half of the world’s income scale, the charity Oxfam reported on Monday in its annual study of inequality, which found that the gap between rich and poor has continued to widen at an alarming rate. As recently as five years ago, the fortunes of 388 billionaires were needed to reach that halfway mark.
The annual World Economic Forum in Davos, Switzerland, this week — noted that a global network of tax havens contributed to the divide by allowing the rich to hide trillions of dollars in assets from their countries’ governments.
Continue reading the main story
"Just 62 people own as much wealth as the 3.5 billion people in the bottom half of the world’s income scale, the charity Oxfam reported on Monday in its annual study of inequality, which found that the gap between rich and poor has continued to widen at an alarming rate. As recently as five years ago, the fortunes of 388 billionaires were needed to reach that halfway mark.
The annual World Economic Forum in Davos, Switzerland, this week — noted that a global network of tax havens contributed to the divide by allowing the rich to hide trillions of dollars in assets from their countries’ governments.
Continue reading the main story
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