“Taxes us”: That’s what a group of super-rich demands in a letter to the World Economic Forum in Davos. Some prominent names are also among the signatories.
The global elite is currently meeting at the World Economic Forum in Davos to discuss the world order. A group of millionaires are speaking out with a demand that at first glance appears to be disadvantageous: “End the age of extreme wealth. Tax the super-rich,” says a letter signed by more than 200 millionaires is.
In the letter, which is addressed to the political leaders in Davos, the signatories criticize the extreme wealth inequality in the world. This has recently gotten stronger and stronger. In the crises of recent years, millionaires and billionaires have increased their wealth while ordinary families around the world have suffered from the cost of living. “So why do you continue to tolerate extreme wealth in this time of many crises?” ask the rich themselves. And demand: “The solution is obvious to everyone. You, our global representatives, have to tax us, the super-rich, and You have to start now.”
Mark Ruffalo and Disney heirs are signatories
The letter is signed by more than 200 millionaires from 13 countries. Among the most prominent are Hollywood actor Mark Ruffalo and Disney heirs Abigail and Tim Disney. The letter was handed over in Davos by the Austrian heiress Marlene Engelhorn, among others. Behind the action are the organizations “Patriotic Millionaires”, “Tax me Now” and “Millionaires for Humanity”, in which the super-rich advocate higher taxes for the particularly wealthy.
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The motto of this year’s World Economic Forum in Davos, to which Federal Chancellor Olaf Scholz also attended, is “Cooperation in a fragmented world”. The millionaire activists write that the meeting is pointless if the root of what is responsible for the split is not tackled. “Defending democracy and building cooperation require action to build fairer economies, and do it now – it is not a problem that can be left to our children to solve.”
The clear appeal is: “Now is the time to fight extreme wealth; now is the time to tax the super-rich.” Doing nothing causes significantly higher costs than finally tackling the problem. “Tax the super-rich, now. It’s simple economics with common sense. It’s an investment in our common good and a better future that we all deserve, and as millionaires, we want to make that investment.”
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Source: Stern

Jane Stock is a technology author, who has written for 24 Hours World. She writes about the latest in technology news and trends, and is always on the lookout for new and innovative ways to improve his audience’s experience.