Tax our wealth, super-rich tell politicians at Davos
Tax our wealth, super-rich tell politicians at Davos
Abigail Disney, Brian Cox and Valerie Rockefeller among signatories of open letter condemning inequality
Logan Roy is condemning the rich, that’s ironic.
Why is Logan Roy there?
90% not 2 %
This is the best summary I could come up with:
“We are also the people who benefit most from the status quo,” they said in a letter titled Proud to Pay, which they will attempt to deliver to world leaders gathered in Davos in Switzerland on Wednesday.
A new poll of the super-rich shows that 74% support higher taxes on wealth to help address the cost of living crisis and improve public services.
A survey, conducted by Survation on behalf of campaign group Patriotic Millionaires, polled more than 2,300 respondents from G20 countries who hold more than $1m (£790,000) in investable assets, excluding their homes – putting them in the richest 5%.
Guy Singh-Watson, the British farmer-turned-entrepreneur who founded vegetable box delivery company Riverford, said: “This poll seems to show that the whole world, including the richest people, wants to tax the super-rich.
A “modest” 1.7% wealth tax on the richest 140,000 people in the UK could raise more than £10bn to help pay for public services, the Trades Union Congress (TUC) suggested last year.
The richest 250 families in the UK are sitting on combined wealth of £748bn, according to the latest Sunday Times rich list, an increase from £704bn the previous year.
The original article contains 530 words, the summary contains 194 words. Saved 63%. I'm a bot and I'm open source!
How do we know this isn't a smoke screen?