“The capture of our global economy by a privileged few has reached heights once considered unimaginable. The failure to stop billionaires is now spawning soon-to-be trillionaires. Not only has the rate of billionaire wealth accumulation accelerated —by three times— but so too has their power."
— Jim Clarken, Oxfam Ireland CEO
Oxfam Ireland is urging the next Government to:
Tax extreme wealth to pay for public services, honour our international commitments and to broaden our own tax base. We propose a flat rate of 1.5% on all net wealth, that is real wealth, above.
Lead efforts for a more multilateral world by advocating for debt cancellation, democratisation of international institutions like the UN, the World Bank and the IMF and regulate corporations to ensure living wages and fair-trade practices.
Commit to climate justice by ramping up our domestic climate action and providing greater financial support for countries in the global south experiencing climate breakdown and related hunger and conflict.
“The capture of our global economy by a privileged few has reached heights once considered unimaginable. The failure to stop billionaires is now spawning soon-to-be trillionaires. Not only has the rate of billionaire wealth accumulation accelerated —by three times— but so too has their power."
