Davos protest: A group of millionaires demands higher taxes on them: 'Now' |  abroad

Davos protest: A group of millionaires demands higher taxes on them: ‘Now’ | abroad

They are now 150, and they come from all over the world. The wealthy who signed the open letter to national millionaires. In it they are asking governments to make the rich pay for the crisis, and thus themselves. Some of them also went to Davos, Switzerland, this week, where the annual World Economic Forum is being held. Not to debate at home with political leaders and their fellow super-rich, but to promote their message abroad on the street among other protesters.

“As the rest of the world succumbs to the economic crisis, politicians and millionaires gather here to discuss turning points in history,” British millionaire and promoter Phil White told the BBC, referring to this year’s Davos topic. “It is a disgrace that our political leaders only listen to the people who are feeling the least in crisis and who often pay very low taxes. The only credible outcome of this meeting is taxing the rich right now.”

The association previously proposed a 2 percent wealth tax on wealth over $5 million, 3 percent from 50 million and 5 percent for billionaires. In their opinion, this should bring 2.52 trillion dollars worldwide. One of the notable action heroes is Disney heiress Abigail Disney.

According to Marilyn Engelhorn, who also protested at the gates of Davos as a millionaire, inequality has increased all over the world. On the one hand, the group of the super-rich is growing, while at the same time millions more are pushed into extreme poverty every year. “I can’t wait for someone else to take the initiative to do something about it,” Engelhorn said.

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About 2,500 political and business leaders gather in Davos to discuss the state of the world. This time, Ukrainian President Volodymyr Zelensky was the guest of honor. He was allowed to open the conference via a video link.

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