Another Tale of Two Classes! While SCOTUS Paves the Way To Evict Tens of Thousands of Tenants Declaring Pandemic-Related Economic Hardship, Global Billionaires See $5.5 Trillion Pandemic Wealth Surge
with Omar Ocampo, researcher Institute for Policy Studies
A one-off 99 percent levy on billionaires’ wealth gains during the pandemic could pay for everyone on Earth to be vaccinated against COVID-19 and provide a $20,000 cash grant to all unemployed workers, according to new analysis released today by Oxfam, the Fight Inequality Alliance, the Institute for Policy Studies and the Patriotic Millionaires. The organizations are calling on governments to tax the ultra-wealthy who profited from the pandemic crisis to help offset its costs.