Sunday, 11 May 2014

100 billionaires in a country where 1 million go to foodbanks?

Why is the news that there are now 100 billionaires living in Britain - who have massively increased their wealth over the past four years - regarded as a cause for celebration? A moment for reflection yes on just exactly what these individuals contribute to the common good of society.
They no doubt use the resources - often human, provided courtesy of tax payer - yet pay little relative tax themselves.
Some 71 are located in London no doubt contributing to the overheating housing market.
The growth in billionaires in a country where over one million people are going to food banks should be a cause for reflection as to just how unequal and unfair our society has become - hardly a cause for celebration.

* Wanstead and Woodford Guardian - 15/5/2014
Morning Star - 13/5/2014

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