
"The richest 1 percent now own more than 95 percent of the world's population put together. Millionaires like us refuse to be silent. It is time to be counted. Tax us and make sure the next fifty years meet the promise of progress for everyone. Tax us. Tax the super rich. As millionaires who stand shoulder to shoulder with all people, we demand it. And as our elected representatives - whether it's those of you at Davos, local councilors, city mayors, or regional leaders - it's your duty to deliver it."
"it is about who gets what share of what we produce together. In recent decades the divide has widened, making capital owners even richer and workers even poorer. That ever-widening gap between rich and poor has produced cascading crises: climate change accelerated by oil cartels, mass hunger despite an overabundance of food, preventable deaths while pharmaceutical giants hoard patents, deteriorating public schools stripped by private equity, and housing treated as a financial asset instead of shelter."
Hundreds of wealthy individuals signed a letter calling on global leaders to tax the ultra-rich, urging taxation as a means to reduce extreme concentration of wealth. The letter asserts that the richest 1 percent now own far more than vast portions of the global population and demands immediate action from elected officials at all levels. Signatories span countries and industries, including heirs, actors, and real estate figures. A leading ethicist frames inequality as a question of who receives what share of collective production, noting rising capital ownership and widening disparities. The gap is linked to multiple crises across climate, food, health, education, and housing.
Read at Futurism
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