One percent of the world’s richest people collected assets of 42 thousand billion dollars in 10 years – World

Oxfam, a world-renowned non-governmental organization active against the extremely unequal distribution of wealth, has said that the speed of the rich getting richer and the poor getting poorer around the world is increasing. This trend is more dangerous because it is resulting in increasing disintegration in societies.

Over the course of a decade, the richest one percent of people in the world have taken 42 thousand billion dollars of assets in their hands. As a result, the number of people belonging to the most deprived classes has increased and the overall degradation of the societies has increased rapidly.

In a statement, Oxfam said that if the graph of economic inequality is to be brought down around the world, it is necessary for every country to keep the share of the super-rich at least 8 percent of the income received. Oxfam said in a statement that tax evasion is prevalent in every society. Even in developed countries, the very rich do not want to pay high taxes.

Oxfam says G20 member states must take tougher measures against tax evasion to help reduce economic inequality to a satisfactory level. The G20 summit is being held this week in Rio de Janeiro, the capital of Brazil. The agenda of this meeting also includes the issue of tax collection from the very rich.

There is a growing demand around the world, including the United States, to collect more taxes from the very wealthy in order to eliminate the economic inequality found in societies and to make it easier for governments to get the funds they need to function better.