Ed Miliband says Panama Papers show ‘wealth does not trickle down’

Ed Miliband has said the revelations in the leaked Panama Papers provide evidence that wealth does not trickle down in society – rather, it gets “stashed”. Speaking two weeks after the huge cache of documents were revealed, detailing the tax affairs of thousands of wealthy individuals worldwide, the former Labour leader said the leak proved the common assumption about capitalism to be false. 
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