Photo by Luis del Ru00edo on Pexels.com The UK has just one Green Party MP out of 650 MPs, this compares to Germany who have 67 Green representatives out of 709 seats in the Budestag. When you tell someone in the UK that you are thinking of voting Green, the standard response is ‘it’s a … Continue reading Voting Green in the UK Should Count
Tag: wealth gap
WallStreetBets – Digital Wealth Redistribution
One of the familiar themes of ‘Rebel Economics’ is that the wealth gap in America has reached extreme levels, with the top 1% owning 15 times more wealth than the bottom 50%. Largely asset prices and stock prices have driven this huge inequality in wealth. The pandemic has seen the wealth gap become even … Continue reading WallStreetBets – Digital Wealth Redistribution
Will the UK Tax the Super Rich?
Photo by Negative Space on Pexels.com After the chancellor has spent a record amount supporting individuals and businesses through the coronavirus pandemic, he is now looking to fill the hole in the public finances, through increased taxation. Due to the high wealth gap in the UK, we have an extreme situation where the top 10% … Continue reading Will the UK Tax the Super Rich?
US proposing Wealth Tax on Super Rich
The wealth gap (measuring the wealth of the richest 10% compared to the poorest 10%) has grown considerably in the US and the UK, and has been driven by rising asset prices rather than incomes. The tax system in the US and the UK has not reflected this change in wealth source and taxes have … Continue reading US proposing Wealth Tax on Super Rich
Where are the UK Philanthropists?
Wealth concentration is at a level that has not been seen since before the Great Depression in 1929. 8 people own half the wealth of the human population. These are the Super Wealthy. The richest 1% of Americans have more wealth than the bottom 90%. What these super wealthy choose to do with their … Continue reading Where are the UK Philanthropists?
Rebel Economics 