'A System Rigged': Untaxed Wealth of Richest 0.1% Is More Than Assets of World’s Poorest Half
Summary
The article reports that the richest 0.1 percent hold more than 2.8 trillion dollars in untaxed offshore wealth, a figure larger than the assets of the world’s poorest half. It notes partial progress from reforms like the OECDs AEOI but emphasizes that trillions remain untaxed, linking offshore wealth to widening inequality and urging stronger wealth taxation and international coordination.