The world's top 10 richest men made so much money during the pandemic that a one-time 99% tax on their gains could pay for the entire world's Covid vaccine production, and more: Oxfam

According to charity Oxfam, the wealth of the top 10 richest men in the world has grown so much that they can pay a one-time 99% tax on their gains.

Billions of dollars have had a great epidemic. Central banks pumped trillions of dollars into financial markets to save the economy, yet much of that has ended up lining the pockets of billionaires riding a stock market boom, according to a press release announcing the organization's new report.

The wealth of the world's ten richest men more than doubled to 1.5 trillion from March 2020 to November 2021. The charity said it would take a rate of $15,000 a second or more to reach that.

The figures were calculated using the Forbes Billionaires List, which had Musk, Bezos, and Arnault on it.
According to World Bank data, 99% of people's incomes have fallen.
Billions of people were cut off from the vaccine supply because rich governments allowed pharma billionaires and monopolies to cut off the supply. The result is that every kind of inequality is at risk.

The manufacture of the world's COVID-19 vaccines would be paid for by a one-time 99% windfall tax on the gains in fortunes of the top 10 richest men. Universal healthcare and social protection are some of the public works projects that would be funded.

The report noted that the men were $8 billion better off than before the epidemic.

The charity believes that the government shouldclaw back gains made by billionaires.

"It has never been so important to start righting the violent wrongs of this obscene inequality by clawing back elites' power and extreme wealth, including through taxation, getting that money back into the real economy and to save lives," he said.