Mega-rich renew call on global leaders at Davos to 'tax our extreme wealth'
Mega-rich renew call on global leaders at Davos to 'tax our extreme wealth'
The signatories include Disney heir Abigail Disney, screenwriter Simon Pegg and Valerie Rockefeller, inheritor of the famed U.S. family.
More than 250 billionaires and millionaires on Wednesday reiterated their call on elected representatives of the world’s leading economies to introduce higher taxes on the very richest in society.
In an open letter to political leaders gathered at the annual World Economic Forum in Davos, Switzerland, the rich signatories said they wished to deliver a clear message: “Tax our extreme wealth.”
“We are surprised that you have failed to answer a simple question that we have been asking for three years: when will you tax extreme wealth?” the letter said.
“Our request is simple: we ask you to tax us, the very richest in society. This will not fundamentally alter our standard of living, nor deprive our children, nor harm our nations’ economic growth. But it will turn extreme and unproductive private wealth into an investment for our common democratic future.”
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If they're that rich, they can easily fund a means of dispersing their wealth back to the system they've extracted it from
I mean, i can totally see the southern-accented rich lady on her fainting couch fanning herself with a spread of hundred dollar bills, "oh i do declare! If only the leadership could concoct a means for which i may reallocate much of these funds that have been slung over my shoulders for ever so long! I tell ya, a girl could just fall over with all this wealth on her back!"
This would only give more power to the remaining billionaires, who won't disperse money on their own. This is why it must be a systemic change and not a volunteer action.
You're god damn right 🤜🤛
They were disagreeing with you
Classic prisoner's dilemma.