What is Even it up?
Inequality is growing around the world. Every year, the gap between rich and poor gets even wider.
Did you know that 1% now own more than the rest of us combined? In other words: today, just 8 billionaires own the same wealth as the poorest half of the population.
Far from trickling down, income and wealth are being sucked upwards at an alarming rate. The very design of our economies have taken us to this extreme and unjust point, with rules that benefit wealthy corporations and elites at the expense of everyone else.
The inequality crisis is also being fuelled by the use of tax havens that allows multinational companies and super rich individuals to avoid paying their fair share of taxes. As much as $7.6 trillion of personal wealth is being hidden in offshore accounts, and it has a devastating impact on poorer countries.
Such extreme inequality is standing in the way of ending global poverty, and widening other inequalities like the gap between women and men. Our economy must stop excessively rewarding those at the top and start working for all people.
It is time to bring an end to inequality and overcome poverty for good. It is time to Even it up!