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: 1) by fustakrakich on Sunday January 23 2022, @07:23PM (3 children)
Well, that's our obligation, to elect people that will write such laws
La politica e i criminali sono la stessa cosa..
(Score: 2) by JoeMerchant on Sunday January 23 2022, @08:20PM (2 children)
I feel that the political tide of the last 50 years has been flowing in the opposite direction.
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(Score: 1) by fustakrakich on Monday January 24 2022, @01:07AM (1 child)
And you would be correct, it's a cycle, but the pendulum doesn't really swing that far, change will happen on an evolutionary time scale, and it can go either way
La politica e i criminali sono la stessa cosa..
(Score: 2) by JoeMerchant on Monday January 24 2022, @02:09AM
Since I am just a bit over 50 years old, this particular 50 year swing of the pendulum feels more like a death spiral than a cyclic phenomenon.
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