Mildly Infuriating
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Someone elsewhere here wrote it out explicitly, and provided a couple sources, so you don't have to guess.
The global top 1.1% is like the Western top 10%, so a lot of people that you'd think of as ordinary. Doctors and lawyers, middle managers who have saved as much as they can and are near retirement. Actually, I'm guessing people's retirement funds make up a shocking amount of this, because it's such a common form of wealth. Most of the world's people live paycheck-to-paycheck, or a family-centric version thereof, which is what the other big chunk is about. Their contribution is literally just the items they use to live day to day, times billions of heads.
It's true, if we diverted even a good chunk of that to the world's poorest we'd have no humanitarian problems at all. Try convincing your average Westerner to give up a noticeable percentage of what they own to Africans, though.
No. I realise we've left the realm of facts and moved into a political debate, but it has more to do with some funny math. If exploitation was all it took, there's a lot of poor assholes that would be rich. That's all that's worth the time to say.
For the record, I'm still team eat the rich. You have to actually do boring homework stuff and go to long meetings if you want to sustainably address it, though. Otherwise you'll be just another leftist organisation that splinters months down the road.
The difference here is how much of that is you actually need. The people in question have to waste it even though they use loopholes of loopholes to not pay their fair share in tax.
Okay. Honestly I doubt the difference is that noticeable to someone in a slum who just wants some plain rice to stave off hunger. I don't really see how it connects back to the larger discussion, either. Like I said, we all agree billionaires are bad.