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5 Kommentare
They will continue to get richer. I don’t see the wealth gap decreasing any time soon. Our government seems hell bent on chasing the myth of trickle down economics while our citizens starve and freeze. The poor will continue to have everything taken away from them until we are left with nothing. Having an elitist banker run the country might not have been the best idea in retrospect
Wealth and GDP are NOT THE SAME THING!
Wealth is made up of unrealized gains (stocks) ie future possible money.
GDP explicitly excludes this because GDP is about past money spent.
This is the dumbest thing to ever compare to each other and is very much just rage bait using apples and a watermelon.
>“Governments are making wrong choices to pander to the elite and defend wealth while repressing people’s rights and anger as their lives are becoming unaffordable and unbearable.”
>To tackle these issues, Oxfam Canada is calling on the Canadian government to establish a wealth tax that targets the ultra-rich and curb the use of offshore tax havens to bring tax dollars back to Canada.
A country belongs to its people, not the financial portfolio of its richest citizens. If a person is deliberately funneling money out of the country and not paying their fair share of taxes, they have no right benefiting from the politics and policies of that country.
Any politicians willing to get off their knee… ?? Clearly all the political science programs in Canada have failed and only are designed to teach people how to be corrupt and be corrupted legally…
This wealth to GDP argument always gets brought up to generate rage and clicks. It’s a meaningless comparison.
It’s comparing one year of spending by a single nation to the market cap of gigantic international businesses which are valued based on multiples of their revenue.
On a small scale it’s the equivalent of comparing my neighbour’s annual gross income to the total value of my carpentry business and trying to convince him the gap is somehow a bad thing.