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The difference between being poor and having money

A sarcastic humor sketch by Maykolízate starring Brigitte Zabala. Many times we don't realize that people are hypocritical. To unde...



A sarcastic humor sketch by Maykolízate starring Brigitte Zabala. Many times we don't realize that people are hypocritical. To understand what people are like and find the essence of the individual, there is no better way than to go from poor to rich.


The gap is widening between rich and poor | Oxfam's Global Inequality Report

Montreal, January 21, 2019 - As part of the world's economic and political elite meets this week at the World Economic Forum in Davos, Oxfam publishes a new report showing that the fortunes of billionaires increased by $2.5 billion every day last year, while the poorest half of humanity was losing $500 million a day. Specifically, the fortunes of billionaires increased by 12 per cent last year (the equivalent of $2.5 billion a day), while the 3.8 billion people who make up the poorest half of humanity saw their wealth decrease by a further 11 per cent (or $500 million a day). Oxfam's report "Public Services or Private Wealth? "shows how this widening gap between rich and poor is damaging our economies, fuelling public anger around the world. It reveals how governments exacerbate inequality by underfunding public services such as health and education on the one hand, and by under-taxing large corporations and wealthy individuals and failing to effectively combat the use of tax havens on the other. It also concludes that women and girls are the hardest hit by rising economic inequality. Quebec is not spared
Oxfam-Québec reminds us that our province is not spared from these inequalities. For example, in 2016, Denise Fortin, President and Deputy Executive Director of ICSUSS East of the Island of Montreal, stated that the life expectancy of citizens living in certain neighbourhoods in the east end of Montreal was up to nine years shorter than in the west end. "Every Quebecer should be able to access the same quality of education and aspire to a career that meets their expectations, while having dignified living conditions, regardless of the size of their bank account or their place of residence. And one of the ways to achieve this equity is to ensure that the most fortunate can no longer avoid the collective effort, as our recent campaign against tax havens has underlined," says Oxfam-Québec's Executive Director, Denise Byrnes. "There is an urgent need to act here. Our public services are being undermined, and two-tier systems are growing, both in education and health. Let's not wait to lose our hard-won gains," added Ms. Byrnes.

Statistics that speak for themselves
The Oxfam report reveals that the number of billionaires has almost doubled since the financial crisis, with one new billionaire every two days between 2017 and 2018, while tax rates for wealthy individuals and large corporations are at their lowest level in decades. Asking the richest 1 per cent to pay just 0.5 per cent more tax on their wealth would raise more than enough money to provide education for 262 million out-of-school children and life-saving medical care for 7 million people.
In 2015, for every dollar of tax revenue collected worldwide, only four cents of it comes from wealth taxes, such as inheritance or wealth taxes. In many rich countries, these types of taxes have been reduced or even eliminated, while in developing countries they are barely applied.
Tax rates for wealthy individuals and large corporations have been reduced dramatically. For example, the top personal income tax rate in rich countries has fallen from 62 per cent in 1970 to only 38 per cent in 2013. The average rate in poor countries is only 28%.
At the same time, public services are chronically underfunded or contracted out to private companies that are not accessible to the poorest people. In many countries, access to quality education or medical care has become a luxury that only the rich can afford. Every day, 10,000 people die due to lack of access to affordable medical care.


Women and girls pay the price.
When public services are neglected, it is poor women and girls who suffer the most. In too many countries, girls are the first to drop out of school when there is not enough money to pay school fees, and women spend more hours in unpaid work caring for sick relatives when health systems fail. "It is totally unacceptable that even today women still die in childbirth or lose their babies at birth due to insufficient or inappropriate care, as in the case of Pratima, a woman Oxfam met in eastern India who lost her twins at birth. If it is true that "All human beings are born free and equal in dignity and rights", it is time for this article of the Universal Declaration of Human Rights to become a reality, in the South as well as in the North," says Denise Byrnes, Executive Director of Oxfam-Quebec. Oxfam estimates that if all the unpaid care and assistance activities carried out by women around the world were carried out by a single company, its annual turnover would amount to $10,000 billion, 43 times that of Apple, the world's largest company. "Governments must now implement real change, ensuring that wealthy individuals and corporations pay their fair share of taxes and investing that money in free health and education services that meet the needs of all people, including women and girls who are so often neglected. Governments have the means to build a better future for all, not just a privileged few," said Winnie Byanyima, Executive Director of Oxfam International.

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Maykolízate: The difference between being poor and having money
The difference between being poor and having money
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