Just how rich are the very rich? UK-based charity Oxfam quantified the answer in an update today to its annual inequality report. Per the report, today’s global billionaires are seeing their wealth rise six times as fast as the incomes of ordinary workers, and are so wealthy, a 1.5% tax on their wealth could pay for every child in the world to go to school.
A 1.5 percent tax on billionaires could educate all the world’s children
More of Today's Solutions
How Mexico’s conservation work brought monarchs back from the brink
BY THE OPTIMIST DAILY EDITORIAL TEAM Every fall, tens of millions of monarch butterflies travel nearly 3,000 miles from Canada, through the United States, ...
Read MoreThe high school student whose filter uses magnetic oil to trap microplastics
BY THE OPTIMIST DAILY EDITORIAL TEAM The story starts with a newspaper article and a neighborhood that wasn't getting help. A few years ago, ...
Read MoreBrown bear population in the Pyrenees makes a bear-y impressive comeback
Back in 1996, the addition of three bears from Slovenia launched a conservation plan to reintroduce the near-extinct brown bears in the Pyrenees. The ...
Read MoreWhy venting makes anger worse – and what actually helps
BY THE OPTIMIST DAILY EDITORIAL TEAM When anger flares up, many of us turn to venting—whether it is ranting to a friend, punching a ...
Read More
