World Inequality Report 2022 released

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Recently the World Inequality Report 2022 has been released. This report is published by The World Inequality Lab.

Key findings

  • The top 10% of the global population holds 76% of the total household wealth. Also, they have received 52% of the total income in the year
  • The bottom 50% of the global population own only 2% of the wealth and only 8% of the income.
  • Women make up only a third of the global labor income. It has seen very limited changes since the year
  • A liberalized wealth tax on global billionaires could generate only 6% of global income.

Source – The Hindu

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