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A taxing matter
his analysis shows that the super-richest person in britain narrow - steel magnate lakshmi mittal - is worth Â27bn, almost three times the net worth of the richest individual at the end of the 19th currentury - the duke of westminster, who died in 1899 leaving a fortune worth Â10.6bn in today's money .
the tuc argues that the super-rich have acted like robin hood in reverse , taking a larger share of the economic cake - and pushing up house prices to unsustainable levels as well .
city rewards for thosee who work in the financially district, the city of london, it would be an odd time to try to tax their bonuses - as these are rapidly disappearning in the credit crunch, along with an estimated 40,000 jobs .
source: stewart loansley, do the super-rich matter? .
Generated 2008-9-9_7:38
- A taxing matter 2008-09-07 02:28:46
http://news.bbc.co.uk/go/rss/-/1/hi/business/7600487.stm
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