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Coronavirus: 83 millionaires ask to be taxed more "immediately" and "permanently"

2020-07-14T06:34:37.319Z


"Humanity is more important than our money", conclude the 83 super rich in a letter published on Monday.A group of 83 millionaires call on Monday to tax the wealthiest in the world more "immediately" and "permanently". The vast majority of Americans have one goal: to contribute to recovery from the crisis caused by the coronavirus pandemic. "As Covid-19 hits the world, millionaires like us have an essential role to play in healing the world," said the signatories of the open letter. Among them, the...


A group of 83 millionaires call on Monday to tax the wealthiest in the world more "immediately" and "permanently". The vast majority of Americans have one goal: to contribute to recovery from the crisis caused by the coronavirus pandemic.

"As Covid-19 hits the world, millionaires like us have an essential role to play in healing the world," said the signatories of the open letter. Among them, the co-founder of the American ice cream giant Ben & Jerry's, Jerry Greenfield, or the British director Richard Curtis.

The text calls on "governments to raise taxes for people like us." Immediately, substantially and permanently ”. It was released ahead of the meeting of G20 finance ministers and the extraordinary European summit on reviving the EU this week.

“We are not the people who care for the sick in the intensive care units. We do not drive the ambulances that bring the sick to the hospital, ”writes this group called Millionaires for Humanity, on an eponymous website.

"But we have money, a lot. We absolutely need money now and we will continue to need it in the years to come "to recover from the crisis, the impact of which" will last for decades "and could" push half a billion people in poverty ".

“The problems caused and revealed by the Covid-19 cannot be solved by charity, however generous. Heads of government must take responsibility for raising the funds we need and spending them equitably "to adequately fund our health systems, schools and security through a permanent increase in taxes on the wealthiest in the world, people like us. "

Increase the taxation of the "luckiest"

The coronavirus pandemic has led to a historic recession around the world, prompting governments to spend billions on aid to households and businesses. The objective: to stimulate recovery for economic players hit hard by the paralysis resulting from confinement.

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According to the OECD, the decline in global gross domestic product should reach at least 6% this year, and 7.6% in the event of a second epidemic wave, while the rebound expected for 2021 would be 5.2% without the return of the coronavirus , and 2.8% with.

For years, billionaires like Warren Buffett and Bill Gates have been asking for more tax. In a blog post published at the end of 2019, the second richest man on the planet, called on the American administration to increase the taxation of the "luckiest" in order to better distribute wealth.

In June 2019, a small group of American billionaires including businessman George Soros, Facebook co-founder Chris Hughes, and heirs of the Hyatt and Disney empires, among others, also published a letter supporting the idea of ​​a wealth tax.

Source: leparis

All business articles on 2020-07-14

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