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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: 0) by Anonymous Coward on Thursday January 20 2022, @06:34PM (3 children)
Also we need to control immigration. Especially illegal immigration. Immigrants (and likely illegal immigrants) are likely the ones that have the most children since they tend to be less educated and education tends to be inversely related to number of children as well.
(Score: 0) by Anonymous Coward on Thursday January 20 2022, @06:38PM
(ie: people that come here illegally don't even have to pass any test so they are likely to be even less educated and have even more children. Of course this makes sense to all other countries because pretty much all other countries do a much better job of controlling illegal immigration than the U.S. but in the U.S. even criticizing the government's failure to address the problem is discrimination and not politically correct).
(Score: 1) by khallow on Friday January 21 2022, @04:00AM (1 child)
I take it by "we" you mean the US? The US controls immigration fairly well. The real problem is not the control of immigration, but the bureaucracy that's been thrown in the way of immigrants. That's wasting a lot of economic energy that would be better put to use elsewhere.
(Score: 0) by Anonymous Coward on Friday January 21 2022, @05:19PM
We don't want the U.S. to be more densely populated. We also don't want the rest of the world to be densely populated. High population densities are undesirable and perhaps if the rest of the world wasn't as densely populated it would be more desirable as well.
However, just because the rest of the world is irresponsible and keeps on having way too many children doesn't mean we should just keep allowing more and more people into the U.S. to also make it more densely populated.
There needs to be some level of population control.