Matthew Skelton1d ago
Chuck Darwin

"The amount of untaxed wealth hidden offshore by the richest 0.1 percent exceeds the entire wealth of the poorest half of humanity (4.1 billion people), according to a new Oxfam analysis published on April 2, 2026, ahead of the 10th anniversary of the Panama Papers."

The consequences are as predictable as they are devastating:

we see our public hospitals and schools starved of funds,

our social fabric shredded by rising inequality,

and ordinary people forced to shoulder the costs of a system rigged to enrich a tiny few.
https://www.downtoearth.org.in/governance/untaxed-wealth-hidden-offshore-by-richest-01-surpasses-entire-wealth-of-the-poorest-half-of-humanity-oxfam

Untaxed wealth hidden offshore by richest 0.1% surpasses entire wealth of the poorest half of humanity: Oxfam

Oxfam’s new analysis reveals that untaxed offshore wealth held by the richest 0.1% now exceeds the entire wealth of the poorest half of humanity, exposing how tax havens fuel extreme inequality and urging global action to tax the super-rich and end secrecy.

Down To Earth
Apr 5 at 12:09pmWeb
Show threadM.S. Bellows, Jr.1d ago
@cdarwin Seriously, people: we have plenty of resources to house and feed and give medical care to everyone. We do. We just need to stop wasting it on wars, and to tax the wealth (not just the income) of the fzcking rich.
Show threadGray Hairs1d ago

@msbellows @cdarwin

"our" public hospitals and schools

"we" have plenty of resources

Show threadM.S. Bellows, Jr.1d ago
@kete @cdarwin Humanity as a whole.
Show threadDyscommunication19h ago
@msbellows @kete @cdarwin Yes, but only a portion of humanity—the ruling class—possesses these institutions and those resources, which are the products of our labor, by dispossessing us of the means to have any collective resources of our own or community care for each other, and they provide these hierarchies and problematic solutions under a rule of law. You politely request a better version of this affair, but we need to steal a communal life instead and figure out how to live in bands, villages, and collectives of each. 💌
Show threadQuasit1d ago

@msbellows @cdarwin
Taxing the rich won't do it. As long as they have more power or money than anyone else, they will abuse it to increase their power at the expense of everyone else.

The only solution is absolute equality. They get nothing more than anyone else has. And they spend the rest of their lives working their fingers to the bone to try to repay a fraction of the harm they've caused to the human race.

Either that, or we chop off their fucking heads.