Billionaires’ wealth hits record in 2025, Oxfam warns of ‘dangerous’ political risks ahead of Davos

    https://www.france24.com/en/economy/20260119-billionaire-wealth-political-oxfam-davos-trump-musk

    Posted by UpstairsBumblebee446

    1 Comment

    1. Obvious_Chapter2082 on

      Not to undermine the point of the article or anything, but billionaire wealth will hit a “record high” most years, as does wealth for all of us, because capital tends to grow over time. It just seems like a moot point

      >”Actions of the Trump presidency including the championing of deregulation and undermining agreements to increase corporate taxation have benefited the richest around the world,” Oxfam said.

      A bit of an odd argument, as the OECD corporate tax deal is projected to lose the US tax revenue. You can’t really hold it against us not to advocate for policies that directly harm our country

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