International poverty charity Oxfam has called for “a systemic and wide-ranging increase in taxation of the super-rich,” echoing recent calls from billionaire Microsoft co-founder Bill Gates.
Research published by Oxfam on Monday found that billionaires’ fortunes were increasing by an average of $2.7 billion every day. Meanwhile, 1.7 billion workers now live in countries where inflation is outpacing wage growth, the charity said.
