CLEAN : Oxfam tells Davos: Time to tax growing billionaire club

The video discusses the economic disparities exacerbated by the pandemic, highlighting how a new billionaire was created every 30 hours while millions fell into extreme poverty. It emphasizes the unequal access to vaccines, with wealthier countries receiving them earlier, leading to significant health and economic consequences for low-income nations. The video proposes taxation on the wealthy as a means to redistribute wealth and address social inequalities, suggesting low percentage taxes on millionaires to generate funds for social issues.

During the pandemic, how often did a new billionaire emerge?

• Every 30 hours

• Every 24 hours

• Every 48 hours

• Every 12 hours

What is one of the main solutions proposed to address extreme poverty?

• Encouraging foreign investments

• Reducing government spending

• Implementing a range of taxes

• Increasing minimum wage

What was a significant factor in the unequal impact of the pandemic?

• Vaccine availability

• Internet connectivity

• Access to technology

• Healthcare infrastructure

What percentage of low-income countries had access to vaccines early on?

• 15%

• 75%

• 30%

• 50%

What is the proposed tax percentage for millionaires to help address social issues?

• 10%

• 2%

• 7%

• 5%