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Greater than 250 billionaires and millionaires have signed on to an open letter calling for wealth taxes to pay for public companies around the globe.
“If elected representatives of the world’s main economies don’t take steps to handle the dramatic rise of financial inequality, the results will proceed to be catastrophic,” the letter writes. “Our request is straightforward: we ask you to tax us, the very richest in society. This won’t basically alter our lifestyle, nor deprive our kids, nor hurt our nations’ financial progress. However it would flip excessive and unproductive personal wealth into an funding for our widespread democratic future.” – Gabriela Riccardi Read More
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