Tax us: Abigail Disney among 83 millionaires begging for higher taxes for coronavirus relief
Tax us: Abigail Disney among 83 millionaires begging for higher taxes for coronavirus relief
By Nicole Lyn Pesce at Market Watch
https://www.marketwatch.com/story/tax-us-abigail-disney-among-83-millionaires-begging-for-higher-taxes-for-coronavirus-relief-2020-07-13
‘Raise taxes on people like us. Immediately. Substantially. Permanently.’
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Over 80 men and women worth seven figures from the U.S., U.K., Germany, New Zealand, Canada and the Netherlands calling themselves the “Millionaires for Humanity” have signed an open letter asking their governments to “raise taxes on people like us. Immediately. Substantially. Permanently.”
“So please. Tax us. Tax us. Tax us. It is the right choice. It is the only choice.”
The signatories include Walt Disney Co. DIS, +2.09% heiress Abigail Disney, Ben & Jerry’s co-founder Jerry Greenfield, former BlackRock managing director Morris Pearl and “Love, Actually” director Richard Curtis.
Some, like Disney and Pearl, are also members of the “Patriotic Millionaires” club, a couple hundred ultra-wealthy Americans who have pushed to be taxed more to help close the wealth gap.
The “Millionaires for Humanity” note in their new letter that they are not driving ambulances, restocking supermarket shelves or delivering food as essential workers have been doing throughout the pandemic. “We owe a huge debt to the people working on the frontlines of this global battle,” the millionaires write. They add that 70% of health care workers are women, and most essential workers are “grossly underpaid” while putting themselves and their families at risk of contracting the novel coronavirus that causes COVID-19 every day.
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