'History paints a pretty bleak picture of what the endgame of extremely unequal societies looks like,' reads an open letter signed by millionaires and billionaires calling for higher taxes on people like themselves.
to win broad support among attendees of the World Economic Forum , the yearly gathering of global elites that's typically held in Davos, Switzerland. Due to the coronavirus pandemic, this year's WEF is taking place virtually.
"If you're participating in the World Economic Forum's 'online Davos' this January, you're going to be joining an exclusive group of people looking for an answer to the question behind this year's theme, 'How do we work together and restore trust?'" the letter reads."You're not going to find the answer in a private forum, surrounded by other millionaires and billionaires and the world's most powerful people.
This injustice baked into the foundation of the international tax system has created a colossal lack of trust between the people of the world and the elites who are the architects of this system... To put it simply, restoring trust requires taxing the rich. The world—every country in it—must demand the rich pay their fair share. Tax us, the rich, and tax us now.
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