The wealthy are “moving to places with higher taxes” because they want to live in countries where cities are well looked after and their “wealth is safe”, says Morris Pearl, chair of Patriotic Millionaires.
Tuesday, August 04, 2026
Billionaire Challenges Tax Myths and Backs a Wealth Tax
Aug 4, 2026 | “I’m not afraid of losing a few millionaires.”
The wealthy are “moving to places with higher taxes” because they want to live in countries where cities are well looked after and their “wealth is safe”, says Morris Pearl, chair of Patriotic Millionaires.
The wealthy are “moving to places with higher taxes” because they want to live in countries where cities are well looked after and their “wealth is safe”, says Morris Pearl, chair of Patriotic Millionaires.
