'Tax us': Ultra-rich call for higher taxes to aid coronavirus recovery. (via CNBCMakeIt)
Abigail Disney, speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 30, 2019.is among the millionaires calling for governments to impose higher taxes on the wealthy to help fund the recovery from the coronavirus pandemic.from the group calling itself "Millionaires for Humanity" read.
The letter stated that the problems caused and revealed by the pandemic could not be solved with charity, "no matter how generous," and that governments must take responsibility for raising the funds needed to tackle the issues themselves. The millionaires said a "huge debt" was owed to those working on the frontline of the pandemic and highlighted that essential workers were "grossly underpaid for the burden they carry."
They warned of the need to "rebalance our world before it is to late. There will not be another chance to get this right."
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