Super-rich call for higher taxes on wealthy to pay for Covid-19 recovery

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Exclusive: Group of 84 wealthy individuals demands ‘immediate, substantial and permanent’ higher taxes ‘on people like us’

A group of 84 of the world’s richest people have called on governments to permanently increase taxes on them and other members of the wealthy elite to help pay for the economic recovery from the Covid-19 crisis.

 

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you should check a little better. two people sign from argentina. one is called Elber Galarga, which literally means Biggus Dickus. Really, you are losing all seriousness.

The difference between nobility and the bourgeoisie is an understanding of NoblesseOblige and its importance in preserving generational growth.

Oxfam We have the tax laws, they just each have more than a dozen tax avoidance escape pods.

Oxfam Interesting findings, do they match your findings? katharina_hecht

Yes including Lewis Hamilton

Why don’t they just give the money to charity voluntarily right now then? Why siphon it through the government first?

Fake news. I just don’t believe this.

This is not good news for the Tories. It significantly undermines their raison d’être. It basically states in the clearest possible terms that wealth redistribution is a good thing & that you should contribute according to your ability to pay not just now but PERMANENTLY!

I suppose they've realised it's better to have a bit less of a lot than have a lot of nothing after a social collapse and revolution.

Literally no one is stopping them from donating.

PatrioticMills azkanese look

cristhianmpv

12Bly It’s a combination of a sensible moral position, and pure self preservation. The current level of unequality is probably not sustainable, and events leveling unequality are in general not very nice (war, plague, revolution, major natural disaster).

👍 but what about pay rise for - analysis by Institute for Fiscal Studies of HMRC tax records reveals 43% of adults in UK don’t pay income tax, up from 38% in 2010. That means around 23million people earn less than £12,500 a year - the rate at which you start paying income tax.

YES!!! Huge kuddos to this initiative ❤️ JUST DO IT!

EatTheRich These are just words written to try and get the masses on their side. I'm open to DM's if they want to cut out the middle man of the Government and donate directly to us peasants. Otherwise, EatTheRich

Finally the penny has dropped...that tax avoidance/ tax evasion by the rich has negative social consequences which ultimately come back to haunt them. The Oscar-winning South Korean film Parasite summed up the situation well!

Well of course. The super rich are murdering millions a year by not sharing. THERE IS NO EXCUSE. Step 2... Make sure politicians use the money properly... Thats up to us. Theres' is such a truthful moral idea. Shows the global rich as a class tho are diseased...and own government

CdnTaxFairness

Sounds like total bollocks from the Guardian again... Name these billionaires and millionaires

Tories tax their funders and media promoters, never.

So that means there are some really good super rich people. That is so cheering

Please take 2 mins to help get a law created which stops companies engaged in taxavoidance receiving subsidies from taxpayers.

From 1932 to 1979, the average top rate of tax (ppl earning over US$ 1m)in the USA was around 85%. This was without a doubt the time of more growth in that country. Taxing the rich is essential for growth.

Keir_Starmer and Labour shadow treasury team have stressed that they cannot agree with this policy.

I can bet you those bank rolling Brexit don’t call for for higher taxes.

They are calling from Branson’s island.

Capitalism has brought forth a socialized system of production with the potential to meet the needs of humanity but first we must get rid of the capitalists who stand in the way. We need a revolution and we need socialism.

Is 'steal from my neighbour' inciting crime?

Ultra wealthy is apparently defined as anyone worth more than £30 million. I'm not sure Bezos, worth $170billion thinks 30 million is ultra wealthy.

Morality. Decency and altruism right there. Good on them. Let it happen - it will be as beneficial to them to give more back and we’ll all benefit. Round of applause.

En Colombia, al contrario los mas ricos pidiéndole ayudas al gobierno...

Finally. Good for them.

Tories “c’mon let’s have some of that blitz spirit britain he resilient take it on the chin ” me “yeah let’s have the tax system we had during the blitz as well 😊👍 there’s an emergency on ” Tories 🏃‍♀️ 🏃‍♀️ 🏃‍♀️

Getting rid of trump would restore the economy! Im not joking they should convince the GOP to dump him with impeachment and Americans would have confidence and start investing and coming out...also we need more testing

Super rich are more leftwing than the Labour Party now then

I think it's too late for that. Expropriate every penny above 5 million bucks.

🖤🖤🖤🖤🖤🖤 the British or the American?

That's very good.

Just fucking throw some money out there. Don't wait to be taxed. WTF? This is some high level stupidity here.

They couldn't be bothered to do it for homelessness, hunger, medical insurance for all, education, infrastructure, or the many other much bigger problems that affect many more people than covid ever will. This is all very rational, it's okay. Spend all of the money on this.

I'd prefer we tax the rich out of existence.

Why not just donate money if they're that bothered? Isn't that easier and faster?

Nothing to stop the 84 from making voluntary overpayments.

They fear revolution.

If they really cared they can just donate their funds to causes that mattered

I bet they do.

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