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The rich keep getting richer: Billionaires made enough to pay for everyone’s vaccine during the pandemic, while workers lost $3.7 trillion.
How did we get here? 
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Billionaires became richer during the pandemic, while workers lost $3.7 trillion.
Billionaires became richer during the pandemic, while workers lost $3.7 trillion.
The pandemic worsened wealth inequality; billionaires made enough to pay for everyone's vaccine, while workers lost $3.7 trillion in earnings. Women and younger workers were the most affected by pandemic job loss. One million married women lost their jobs in September 2020 and Gen Z has become the most unemployed generation. There's hope for recovery: Lawmakers and the IMF have suggested levying a wealth tax to fund economic aid.
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Billionaires became richer during the pandemic, while workers lost $3.7 trillion.
As stocks plummeted 37% in March 2020, 70% of small business aid went to large, publicly traded corporations. By June, a stock-market rebound made seven of the world's richest people even richer.
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Women and younger workers were the hardest hit by employment losses. One million married women lost their jobs in September 2020 and Gen Z has become the most unemployed generation.
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There's hope for recovery, but it'll likely be uneven. Lower-paying industries are currently below their level of pre-pandemic employment, while high-paying industries have regained employment.
businessinsider.com/3-charts-show-
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In December, reported the 10 richest American billionaires were worth over $1 trillion — a little more than half the value of President Biden's proposed stimulus package.
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Nearly 8 million Americans have fallen into poverty in recent months. Many Americans were left without a lifeline as government benefits expired.
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Throughout the pandemic, support for wealth taxes has grown in efforts to provide relief. Sen. said the wealth tax is an investment in the future of the country.
businessinsider.com/elizabeth-warr
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NYU’s Scott Galloway argues a one-time wealth tax would raise up to $1 trillion to support low-income families during the pandemic.
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The International Monetary Fund encouraged countries to consider implementing wealth taxes to raise revenue during the pandemic.
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Do you support a wealth tax?
Yes
No
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*taps sign that says thank you for the meme, you can read the articles here*
businessinsider.com/billionaires-m
businessinsider.com/workers-lost-3
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Eoin Higgins
@EoinHiggins_
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