Over 100 millionaires call for higher taxes worldwide: 'Tax us now'

They argued the bedrock of a strong democracy is a fair tax system that bridges the gap between everyday people and the ultrawealthy. In order to fundamentally restore that trust, governments across the world need to impose higher taxes on the wealthy to ensure they "pay their fair share," they said.

"Bridging that divide is going to take more than billionaire vanity projects or piecemeal philanthropic gestures - it’s going to take a complete overhaul of a system that up until now has been deliberately designed to make the rich richer," they wrote, adding: "To put it simply, restoring trust requires taxing the rich. The world - every country in it - must demand the rich pay their fair share. Tax us, the rich, and tax us now.

But the group of millionaires said that Davos "doesn't deserve the world's trust right now," as it has produced "little tangible value" beyond a "torrent of self-congratulations."

Huh

That’s hilarious since the majority of the money is tied up in investments.

One can voluntarily pay more tax. I suggest that they do so.

Is someone keeping these millionaires from donating their money to charity?

No one is stopping them from sending a check.

really lets publish there names..these millionaires can always send more money to the government..how many do?

Abigail Disney got wealthy thanks to inheritance and has reduced her wealth from around $500m in 2012 to $120m in less than a decade. Without her name she's nothing. There's 56m millionaires in the world and I can promise you the majority would go against her 'plea'.

Lol Twitter Please shut down this fraudulent account

Said nobody

What stops the rich from paying more taxes than required?

Jump on the grenade, 1%!

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