More than 250 billionaires They asked to pay more taxes, before political leaders gathered at the Economic Forum in Davos, Switzerland, with the goal of paying for better public services.
“Our message in Davos is simple: elected leaders must tax us, the super-rich. “We would be proud to pay more”they stated in an open letter signed by the “Proud to pay more” movement.
“If elected representatives of the world‘s major economies do not take action to address the dramatic rise in economic inequality, “The consequences will continue to be catastrophic for society.”insists the letter signed, among others, by Abigail Disneyactors Brian Cox (star of “Succession”, the actor and Simon Peggthe Australian artist Bruce Lloyd and the British politician and judge Robert Berkeleyamong others.
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According to the so-called “super rich”, the increase in taxes for them “will not fundamentally alter our standard of living, nor deprive our children, nor will it harm the economic growth of our nations. But it will turn extreme and unproductive private wealth into an investment in our common democratic future.”
“The solution to this cannot be found in donations punctual nor in philanthropy; Individual action cannot correct the current colossal imbalance. We need our governments and our leaders to lead,” they argue.
For this reason, they consider that “not only do we want them to charge us more taxes, but “We believe we should be taxed more.”
The rich who want to pay more
74% of billionaires support increased wealth taxes to help address the cost of living crisis and improve public services, according to a survey by the Patriotic Millionaires campaign.
The survey was carried out among more than 2,300 respondents from G20 countries who own more than a million dollars in investable assets, excluding their homes, which places them in the 5% of the richest.
LM CP