Abigail Disney, Brian Cox and Valerie Rockefeller among signatories of open letter condemning inequality
More than 250 billionaires and millionaires are demanding that the political elite meeting for the World Economic Forum in Davos introduce wealth taxes to help pay for better public services around the world.
“Our request is simple: we ask you to tax us, the very richest in society,” the wealthy people said in an open letter to world leaders. “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.”
The rich signatories from 17 countries include Disney heir Abigail Disney; Brian Cox who played fictional billionaire Logan Roy in Succession; actor and screenwriter Simon Pegg; and Valerie Rockefeller , an heir to the US dynasty.
Republicans idolize the 1950s. They conveniently forget about the part where the top tax bracket was taxed at 90%.
And now they claim if we have a wealth tax, they’ll just move. Massachusetts passed a wealth tax recently. Astoundingly, all the wealthy people didn’t move. Turns out they’re fine paying a premium to have a house in Martha’s Vineyard and a condo in Boston because, and I know this is a shock to Republicans, they can afford to pay a premium to live somewhere desirable.
It’s not enough to just say it.
Because other billionaires give millions to ensure it doesn’t happen. And I think it would be naive to not expect some overlap in these groups.
If they mean it, they should literally put their money where their mouths are and donate to progressive Dems during primaries and the general.
Exactly, this is just a game of “our billionaires are better than your billionaires” and considering their billionaires are paying them off, that’s not surprising.
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I want to believe them… but it takes more than just words. I feel like if they REALLY wanted this, it would have been done by now.
It looks like they really want this; however, even they understand that people will circumvent the laws and move money to more “favorable” countries, if the world doesn’t take a coordinated approach.
The politicians have been setting up the game to appease the rich for generations. It won’t be undone that easily.
And when action happens, I will be behind 100%. Need to read the article, is there even a plan? Other than “hey politicians, do this”?
Also billionaires: Let me put my money in offshore accounts and buy a ton of museums and art and shit and then let me get a tax write off against it.
Nothing short of an avalanche of left leaning policies will actually get billionaires to pay more in tax. And that won’t happen, because billionaires have already heavily invested in conservative and ‘progressive’ politicians who won’t dare bite hand that feeds them.
I hope I’m wrong, but I have a feeling I’m not.
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They don’t mean it.
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Their owned politicians won’t do it.
Why do you think they are saying it then? Why not say nothing like the rest of them?
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Austrian heiress Marlene Engelhorn announces plan for €25m giveaway
Nice to see more rich people not agree to the system :)
This is basically trying to save face. They may as well say “no really, all you plebs shouldn’t hate us! It’s not our fault we’re rich and don’t pay taces!” Because they can feel now how bad things are getting and how much worse they’re likely going to get as the decade unfurls
That’s a very nice open letter you signed. Now turn and face the wall.
