The new Oxfam report to which I have already referred this morning includes an appraisal of who benefitted from the the increase in the UK's wealth between 2000 and 2015. The data can be summarised quite easily:
I happen to know the authors of this estimate: I trust them. But even if there is a margin for error nothing can justify such increase in the concentration of wealth.
In the Joy of Tax I unambiguously argued for wealth taxation. I am sure that the time for this has come. I am not optimistic it will happen this week.
But as an aside, this is why we campaign. If like Oxfam, and if like me, your concern is for the relief of poverty then we have a duty to point out that policy - whoever created it - is not working.