A new study finds that by 2030, the top 1% will possess two-thirds of the world's wealth in just 12 years, if trends continue. Since the financial crisis of 2008, this group has seen its wealth grow by 6% every year, while the rest has only had 3% growth.
Right now, of the more than 2,000 billionaires in the world, extreme poverty across the globe could be completely eliminated with their collective wealth — seven times over.
This grim future is not inevitable, but it is if wealthy countries don't take steps to prevent it. President Trump's massive tax cut for the wealthiest individuals in the United States, however, is only exacerbating the problem and driving us ever faster to unprecedented wealth disparity.
Next year this country will have a new Congress — one with fewer individuals who supported Trump's tax cuts. Add your name this petition to call on these legislators to repeal these cuts immediately to curb unchecked greed!
