Rebecca Riddell

1 month ago | politicsofpoverty.oxfamamerica.org | Rebecca Riddell |Jackson Gandour

As Congress debates a major tax package, rumors have swirled about whether President Trump and Republican lawmakers might U-turn and seek to “tax the rich.” Unfortunately, while reforms that would make the very wealthiest finally pay their fair share are much needed, these proposals don’t add up—and shouldn’t distract from a plan that will hurt ordinary families while delivering big tax breaks for giant corporations and the ultra-wealthy. Wait...is Trump actually trying to tax the wealthy?

Sep 23, 2024 | oxfam.org | Rebecca Riddell |Nabil Ahmed

Multilateral efforts are failing to adequately respond to critical global challenges, including the climate crisis and persistent poverty and inequality. While some have blamed the deadlock solely on rising geopolitical tensions between powerful countries, such a focus is incomplete. Rather, a key reason for failures of international cooperation is extreme economic inequality. Today, the world’s richest 1% own more wealth than 95% of humanity.