9.1.2020
$5.2B a day
$36.6B a week
$731.8B in 5 months
That’s how much the collective net worth of 467 billionaires grew during the pandemic.
The economy is great (for some) – some can leverage unique high income loopholes, tax breaks & shelters benefits, off shore banks and secret ‘hidyholes’ unavailable for average incomes – seems fair (not fair).
Don’t get it twisted – I’m not talking about wealth distribution or socialism – I’m asking if it’s nationally equitable for the wealthy to stay exponentially wealthy while the bulk of the nation struggles.
Perhaps equal/fair/flat tax and drop loopholes for all.