Showing posts with label wealth taxes. Show all posts
Showing posts with label wealth taxes. Show all posts

Wednesday, January 18, 2023

‘Tax Us Now’: Ultra-rich Call on Governments to Introduce Wealth Taxes

THE GUARDIAN: Disney heiress and actor Mark Ruffalo among ‘patriotic millionaires’ who addressed world’s elite at Davos

Abigail Disney was part of a group of 205 millionaires and billionaires from 13 countries to sign the letter. Photograph: Charles Sykes/Invision/AP

More than 200 members of the super-rich elite are calling on governments around the world to “tax us, the ultra rich, now” in order to help billions of people struggling with cost of living crisis.

The group of 205 millionaires and billionaires, including the Disney heiress Abigail Disney and The Hulk actor Mark Ruffalo, on Wednesday called on world leaders and business executives meeting in Davos for the World Economic Forum (WEF) to urgently introduce wealth taxes to help tackle “extreme inequality”.

“The current lack of action is gravely concerning. A meeting of the ‘global elite’ in Davos to discuss ’cooperation in a fragmented world’ is pointless if you aren’t challenging the root cause of division,” they said in an open letter published on Wednesday. “Defending democracy and building cooperation requires action to build fairer economies right now – it is not a problem that can be left for our children to fix.

“Now is the time to tackle extreme wealth; now is the time to tax the ultra rich.” » | Rupert Neate, Wealth correspondent | Wednesday, January 18, 2023