Wealth inequality grows.

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xjsdriver said:

crankedup said:

McWigglebum4th said:

crankedup said:

The study was under the auspices of Oxfam, when the President of USA and other World leaders begin to publicly discuss their concerns regarding the issue you can be sure its not an imaginary situation. Unfortunately the World leaders are only talking, likely fearful of backlash from the wealthy hitting their politics. We can forget the references to those earning 42k + this report concerns the Global wealth inequality.
It will be interesting to hear what comes out from the Leaders chin-wag this week.

Do you earn over £42K?

I really hope you don't

Can you explain to me what you mean by that comment and what on earth brought you to post it!

Looks like Wibbles has gone into random Tourette's mode again.......Nurse, nurse!!! - time for Wibbles' meds again!!!!......

Indeed, not even the merest hint of a debate.

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fblm said:

crankedup said:

Why is taxation not workable?

Lets start with the worlds Richest man, Carlos Slim, a Mexican. How are you going to tax him?
OK maybe leverage NAFTA to force your tax on him. Now lets go a little off piste how are you going to tax Usmanov, Fridman, Veksleburg etc... best of luck

crankedup said:

It is not simply a matter of bringing prosperity to the under-privileged...

Then I'm afraid we disagree entirely. I couldn't give a st if someone is worth 50bn or 5bn. I do care that half the planet has nothing and that hundreds of millions of children grow up abject poverty surrounded by violence and disease. I would rather the west turn its attention to making them healthier, safer and wealthier than making a handfull of very rich people slightly less very rich. Each to their own.

Edited by fblm on Sunday 25th January 18:51

I agree that kids in foreign lands could do with our continued leg up. This comes from our taxation pot in the form of 7 billion year foreign aid. So don't feel to guilty over their plight.
I would be interested to see, hear, read of the helping hand directly from the extreme wealthy, I'm sure some must help but as ever we don't know.
Don't overlook the second part of the issue of uber wealthy, that is the power wealth brings to them.

Like you I could disregard all of this stuff, well I don't lose any sleep over it, but its a gossip forum, an exchange of POV, nothing more or less.

How to implement some form of taxation on the uber rich, well that is being discussed by some of our Global Leaders. I'm not part of that so have to wait and see what they come along with.

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Wealth inequality grows. Done well coming full circle.

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turbobloke said:

crankedup said:

Wealth inequality grows. Done well coming full circle.

And still neither yourself nor anyone else has shown convincingly that it's detrimental or avoidable in any realistic scenario.

A great deal of rational evidence has accumulated in the thread against your position on this issue.

I disagree, which is rather inconvenient it seems, as some other posters have also disagreed with you're and other posters stance. No more to be said methinks.