After the best year in history to be among the super-rich, one of America’s 745 billionaires wonders: “What’s enough? What’s the answer?”
(From 2022 but ever more urgent.)
“Tax us, the rich, and tax us now,” said the letter. Otherwise, there will be “pitchforks” over the injustice, they warned.
Article in the Huffington Post: 100 Millionaires And Billionaires Sign Open Letter Pleading For Higher Taxes: https://www.huffpost.com/entry/patriotic-millionaires-more-taxes-injustice-letter_n_61ecbfb2e4b03216750b98a6; Washington Post: https://www.washingtonpost.com/nation/2022/01/30/moral-calculations-billionaire. And the website with the open letter: https://intaxwetrust.org:
History paints a pretty bleak picture of what the endgame of extremely unequal societies looks like. For all our well-being – rich and poor alike – it’s time to confront inequality and choose to tax the rich. Show the people of the world that you deserve their trust.
If you don’t, then all the private talks won’t change what’s coming – it’s taxes or pitchforks. Let’s listen to history and choose wisely.