Calls to tax super-rich more as number of global billionaires hits record

News Brief: Oxfam Calls for Wealth Tax on Billionaires

Summary

Oxfam Australia’s new report reveals extreme wealth inequality, with 48 Australian billionaires holding more wealth than the bottom 40% of the population combined. The charity calls for a wealth tax and the removal of key tax breaks for the super-rich to address this gap and fund social services.

Key Points

  • Wealth Concentration: Australia’s 48 billionaires are wealthier than ~11 million people. Their wealth grows by nearly $600,000 daily.
  • Global Trend: Worldwide billionaire count exceeds 3,000 for the first time, with combined wealth of $27.7 trillion.
  • Tax Proposal: A 5% wealth tax on Australian billionaires could have raised $17.4 billion last year, funding childcare, energy relief, and humanitarian aid.
  • Political Influence: Oxfam links extreme wealth to democratic erosion, noting billionaires are vastly more likely to hold political office.
  • Policy Demands: Oxfam urges phasing out negative gearing and ending the 50% capital gains tax discount for individuals and trusts.
  • Pandemic Impact: The wealth divide has widened dramatically since 2020, with nearly half the global population living in poverty in 2022.

新闻简报:乐施会呼吁对亿万富翁征收财富税

摘要

乐施会澳大利亚分会的最新报告揭示了极端的财富不平等:澳大利亚48位亿万富翁持有的财富超过了底层40%人口的总和。该机构呼吁征收财富税并取消针对超级富人的关键税收优惠,以解决这一差距并为社会服务提供资金。

关键点

  • 财富集中:澳大利亚48位亿万富翁比约1100万人更富有。他们的财富每天增长近60万美元。
  • 全球趋势:全球亿万富翁数量首次超过3000人,总财富达27.7万亿美元。
  • 税收提议:去年对澳大利亚亿万富翁征收5%的财富税本可筹集174亿澳元,用于资助儿童保育、能源账单减免和人道主义援助。
  • 政治影响:乐施会将极端财富与民主侵蚀联系起来,指出亿万富翁担任政治职务的可能性远高于普通人。
  • 政策要求:乐施会敦促逐步取消负扣税,并终止对个人和信托的资本利得税折扣(目前为50%)。
  • 疫情影响:自2020年以来,财富差距急剧扩大,2022年全球近一半人口生活在贫困中。

Original Article Link: https://www.abc.net.au/news/2026-01-19/income-inequality-oxfam-report-calls-to-tax-billionaires/106236612

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