Global super-rich say ‘tax us now’

A letter from 100 multimillionaires calls on governments to hike taxes to help the poor amid pandemic turmoil

A Swiss police sniper stands guard on the roof next to the Congress centre during the first day of the World Economic Forum, on January 17, 2017 in Davos. © FABRICE COFFRINI / AFP

A group of millionaires and billionaires from around the world published a letter on Wednesday calling the current tax system unfair and demanded that governments tax them more to help hard-working people. 

The super-rich signatories, including Disney heiress and philanthropist Abigail Disney, admitted that while the world has gone through an “immense amount of suffering” during the two years of the pandemic, they have seen their wealth rise, and yet “few if any of them” paid their “fair share in taxes.”

The letter, released as the world’s most powerful people meet for a virtual World Economic Forum in Davos, goes on to point out that a “complete overhaul of [the] system” is necessary as up until now it has been “deliberately designed to make the rich richer.”

“Restoring trust requires taxing the rich. Tax us, the rich, and tax us now,” the letter reads. 

Some of the signatories are part of the Millionaires for Humanity movement, which has been campaigning for higher taxes on multimillionaires to help overcome the impact of the COVID-19 pandemic and reduce inequality.

The initiative follows a damning report from Oxfam this week, ahead of the Davos forum. The anti-poverty charity says that the world’s 10 richest people doubled their fortune during the two years of the coronavirus crisis, while the poorest 99% have seen their income go down.

Last October, a group of UK millionaires petitioned the British government to introduce a wealth tax to help pay for the economic recovery from Covid-19. A similar letter was published in the US in 2019, calling on the candidates of the then-upcoming presidential election to create a wealth tax on the ultrarich. Among the signatories were investor George Soros, Facebook co-founder Chris Hughes, and Abigail Disney.

Estimates suggest that, in 2021, the richest 10% of American families hold some 70% of the country’s wealth.

(Source)

Have you received Salvation from Jesus the Messiah? Time is running out. Jesus will return very soon. The signs of His return are everywhere in this crazy world we are living in. Please read below so that you can be saved. Jesus is the only way to Heaven. The Words below are directly from the Bible, so you can trust them.

Jesus said to him, “I am the way, the truth, and the life. No one comes to the Father except through Me. (John 14:6)

For God so loved the world that He gave His only begotten Son, that whoever believes in Him should not perish but have everlasting life. For God did not send His Son into the world to condemn the world, but that the world through Him might be saved. (John 3:16-17)

If you confess with your mouth the Lord Jesus and believe in your heart that God has raised Him from the dead, you will be saved. For with the heart one believes unto righteousness, and with the mouth confession is made unto salvation. For the Scripture says, “Whoever believes on Him will not be put to shame.” For there is no distinction between Jew and Greek, for the same Lord over all )is rich to all who call upon Him. For “whoever calls on the name of the Lord shall be saved.” (Romans 10:9-13)

“As the Father loved Me, I also have loved you; abide in My love. IF YOU KEEP MY COMMANDMENTS, you will abide in My love, just as I have kept My Father’s commandments and abide in His love. (John 15:9)

For I am persuaded that neither death nor life, nor angels nor principalities nor powers, nor things present nor things to come, nor height nor depth, nor any other created thing, shall be able to separate us from the love of God which is in Christ Jesus our Lord. (Romans 8:38-39)

For those of us who persevere and do what Jesus says to do, we have this to look forward to in eternity: And God will wipe away every tear from their eyes; there shall be no more death, nor sorrow, nor crying. There shall be no more pain, for the former things have passed away.”

The Bible – New King James Version, NKJV

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s