Tuesday, 7 June 2016

Trickling Up Not Down

The Boston Consulting Group has released their annual wealth report and it's found that the World's wealthiest people just got 5.2% wealthier.
Before everyone starts off on one about how the money is flowing up and not trickling down, the 5.2% is down from the 7.5% which they got richer by last year so we should have some sympathy.
Of course it is too bad all that money has to came from someone else's pocket but it is unfair to say that the wealth does not trickle down, it does, just that it trickles down to offshore accounts to avoid paying tax on it.
All in it together remember.

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