Striking protest Davos: group of millionaires itself calls on them to tax them more heavily: ‘Right now’ | Abroad

They are now 150, and they come from all over the world. The super-rich who signed the Patriotic Millionaires’ open letter. In it they call on governments to make the rich pay for the crisis, and therefore themselves. Some of them also went to Davos, Switzerland, this week, where the annual World Economic Forum takes place. Not to debate inside with political leaders and their fellow super-rich, but to reinforce their message outside on the street among the other demonstrators.

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

The association has previously proposed a 2 percent wealth tax on wealth above $5 million, 3 percent from 50 million and 5 percent for billionaires. According to them, that should bring in $2.52 trillion worldwide. One notable champion of the movement is Disney heir Abigail Disney.

According to Marlene Engelhorn, who also protests at the doors of Davos as a millionaire, inequality has increased worldwide. On the one hand, the super-rich group 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 this,” said Engelhorn.

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

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