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Millionaires ask to pay more tax:
A group of more than 100 of the world's richest people have called on governments to make them pay more tax. The group, named the Patriotic Millionaires, said the ultra-wealthy were not being forced to pay their share towards the global economic recovery from the coronavirus pandemic.
"As millionaires, we know that the current tax system is not fair," they said in an open letter. The signatories included Disney heiress Abigail Disney and Nick Hanauer. Mr Hanauer is a US entrepreneur and an early investor in online retail giant Amazon.
"Most of us can say that, while the world has gone through an immense amount of suffering in the last two years, we have actually seen our wealth rise during the pandemic - yet few if any of us can honestly say that we pay our fair share in taxes," the signatories said in the letter to the World Economic Forum.
[...] It said globally, $2.52tn could lift 2.3 billion people out of poverty and make enough vaccines for the world.
Gemma McGough, British entrepreneur and founding member of Patriotic Millionaires, UK said: "For all our well-being - rich and poor alike - it's time we right the wrongs of an unequal world. It's time we tax the rich."
Ms McGough added: "At a time when simply living will cost the average household a further £1,200 a year, our government cannot expect to be trusted if it would rather tax working people than wealthy people.
(Score: 3, Insightful) by Username on Thursday January 20 2022, @10:19AM (12 children)
There is nothing stopping them from paying more taxes than is required. Is this just some kind of virtue signal?
(Score: 3, Insightful) by Anonymous Coward on Thursday January 20 2022, @11:20AM (5 children)
They are 100 of 1,000, publicly whistleblowing. If they want to opt-in vaccinate the world in order to feel good or gain social credit, fine, who gives a shit, they opt-in vaccinated the world and ended or suppressed the plague.
They also want to extend that into the top >100,000 worldwide paying more taxes.
"They can if they want" misinterprets what they want, which is not to personally donate, but to systemically reform to a more just system.
Ad hominem from you is pitiful, not only because it's an ad hominem, but because it's a failure of a criticism in so many other ways, in so few words.
Unlike you, these people hired writers editors and lawyers to draft their proposal, and it's impeccable.
(Score: -1, Insightful) by Anonymous Coward on Thursday January 20 2022, @12:57PM (4 children)
In other words, privileged Jews calling themselves "patriotic" (Jews "patriotic" toward anything but money and the 'Tribe, LOL) know that the Goyim are ready to start picking up torches and pitchforks.
Fuck off, Jew.
(Score: 0) by Anonymous Coward on Thursday January 20 2022, @04:51PM (3 children)
You are a horrible person. Stop blaming others for your failures in life.
(Score: -1, Troll) by Anonymous Coward on Thursday January 20 2022, @07:01PM (2 children)
Jews have been subverting White nations (including 10's of millions dead and raped/molested) for centuries. Telling people about it (naming the Jew) is not "blaming others for our failures". If you are not a Jew agent and full of shit, why don't you go learn about the truth? Maybe you're just a coward who prefers to live in a dream world while you allow your people to be exterminated?
https://odysee.com/@ETKE21:8/pbry68WhiteGenocideIsReal-InTheirOwnWords:0 [odysee.com]
https://odysee.com/@martyleeds33:6/069---We-Need-To-Talk-About-The-Jews:d [odysee.com]
https://odysee.com/@BNN_Films:a/ADOLF-HITLER---THE-GREATEST-STORY-NEVER-TOLD--FULL-6.5-HOUR-DOCUMENTARY-:91 [odysee.com]
(Score: 2) by ChrisMaple on Friday January 21 2022, @12:20AM (1 child)
All nations that have been around for at least a few years spend plenty of effort subverting other nations.
Jews have a particular advantage: vile idiots have been killing off Jews careless enough not to escape their tormentors, leaving the surviving Jews with an IQ advantage of about 7 points. Intelligence helps success, and successful people induce jealousy in their inferiors. That's you, by the way.
(Score: 0) by Anonymous Coward on Friday January 21 2022, @02:52AM
Thanks for explaining it in a way plain folk like me understand.
(Score: 2, Insightful) by Anonymous Coward on Thursday January 20 2022, @01:03PM
They want an even playing level. They want to pay more, but all those cheapskates that don't bother will have to do that too. They want the 1% to become the 10%, not the 0,1% (that's not them).
Hell, they don't even need taxes for that. They could just donate money to charity (and not take the tax discount!) and prevent untrusty politicians to blow it on useless stuff.
(Score: 3, Informative) by mcgrew on Thursday January 20 2022, @05:16PM
Are you drunk this early in the morning? One person, even a multimillionaire, doesn't have enough money to help much, and most people with that much money are anti-social greedy people like Dickens satirized in A Christmas Carol. There are far more Scrooges than Carnegies.
mcgrewbooks.com mcgrew.info nooze.org
(Score: 1, Insightful) by Anonymous Coward on Thursday January 20 2022, @05:52PM (2 children)
Paying their share puts them at a significant disadvantage vs the ones that don't, so they want to keep a level playing field against their peers. I can't really fault them for that.
(Score: 0) by Anonymous Coward on Friday January 21 2022, @07:51PM (1 child)
They can all get together with their peers and decide to voluntarily pay more. Or donate it to a charitable cause (and even get a collective deduction) that would do better than the government (just about anything would do better than the government).
The government takes a TON of money and simply squanders it all while giving us very little in return. Look how poorly the USPS is ran, delivering mail to wrong address is a normal thing (compared to UPS for instance). Here is another recent example out of MANY MANY examples, this is normal, and look how much these places collect in taxes
NYC fines wrong person $259k, doesn't fix it until ABC news gets involved
Louis Rossmann
https://www.youtube.com/watch?v=1DoVt5ggGWg [youtube.com]
(note: it too like 20 YEARS to get this resolved after this person paid a whole bunch of money to try to solve it, ie: hiring an architect to deliver paperwork and whatnot)
In fact one can argue that the governments that tax the most are too often the ones that provide the least back (ie: look at socialist countries like China, Russia, and Hispanic countries along with most other socialist countries and you can compare this by U.S. states as well).
If enough millionaires agreed then the very few that don't agree will make no difference. (But, let's be real, giving the government more money is like throwing it away, they will just squander it).
Or is it just a very small percentage of millionaires that claim they want to be taxed more. If the argument is that 'look, they're millionaires and so their opinion should count on this matter and if they think they should be paying more in taxes then maybe they should" and they're only a small percentage then that argument doesn't really work.
If they're a very large percentage then they are free to collectively get together and pay more in taxes or collectively start their own charity or donate to whatever cause they think is best.
(Score: 0) by Anonymous Coward on Friday January 21 2022, @07:54PM
(but my theory is that these are just a small percentage of millionaires that just want a little bit of attention).
(Score: 2) by RamiK on Thursday January 20 2022, @09:24PM
When a business owner doesn't invest back in the company, they lose their competitive edge to other companies. By extension, the wealthy can't afford to be to charitable since the less-charitable will take advantage.
As for this group of millionaires and their efforts, it's quite likely the tax reform they're working towards would affect their competition more than themselves. That's to say, they'll lose money but gain market share.
As for virtue signalling, it's far more effective to throw some money on a "save the cute furry animal" foundation than to talk about taxes.
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