Tuesday, September 05, 2023

Disney Heiress Leads Call for Tax on ‘Super-rich’

THE TELEGRAPH: Campaign for minimum global tax aims to address a ‘rise in extreme inequality’

Abigail Disney is one of 300 people who signed a letter calling for ‘international collaboration’ to ‘raise taxes on the richest individuals’ CREDIT: JP Yim/Getty Images

An heiress to the Disney empire has led calls for a tax on the “super-rich”, accusing the world’s wealthiest of creating an “economic, ecological, and human rights disaster”.

Abigail Disney, who has previously said she feels such guilt at being born rich that she struggles to sleep, is among the signatories of a letter sent to leaders of the G20 nations ahead of the summit later this week.

The letter, which has been signed by 300 people including the film director Richard Curtis, US politician Bernie Sanders and Labour MPs, said: “Decades of falling taxes on the richest, based on the false promise that the wealth at the top would somehow benefit us all, has contributed to the rise in extreme inequality.

“Our political choices allow ultra-wealthy individuals to continue to use tax shelters and enjoy preferential treatment to the extent that, in most countries in the world, they pay lower tax rates than ordinary people.” » | Tim Wallace | Tuesday, September 5, 2023
Verwandt.