Business > Europ

More than 100 millionaires signed an open letter asking to be taxed more heavily

3 monthes ago   |   By Business Insider

The Disney heiress Abigail Disney, one of the letter's signatories. Monica Schipper/Getty Images for The New York Women's Foundation 102 millionaires said the global tax system is unfair and that they should be taxed more.
They said most of them saw their wealth rise during the pandemic, and don't pay enough in taxes.
They said the global tax system was "designed to make the rich richer" and called for an overhaul.
One hundred and two millionaires across the US and Europe signed an open letter that called the current tax system unfair and asked to be taxed more heavily. The letter...
Read more ...

 


Search by Tags

   Europ      World      Finance      Politics      News UK      Speed desk      Tax      Davos      Millionaire      World Economic Forum  


A Crypto Billionaire Shattered the Primary Spending Record to Back a...

The Oregon race attracted national attention because of the insane amount of money spent by Sam Bankman-Fried's PAC. Read more ...

A former Trump advisor on Russia recalled how Putin smelled odd and neither...

Russian leader Vladimir Putin "really could have done with glasses," according to Fiona Hill, a former advisor on Russia during the Trump administration. Mikhail Svetlov/Getty... Read more ...

More than 70% of Elon Musk's Twitter followers are spam or fake accounts...

Elon Musk himself acknowledged that his most-liked tweet only received 4.8 million tweets, dwarfed by the number of followers he has and the total number of active Twitter... Read more ...

Billionaire Forrest Li's Sea Sinks Deeper Into The Red As Shopee Losses...

Sea Ltd.-controlled by billionaire Forrest Li-sank deeper into the red in the first quarter as losses at its e-commerce platform Shopee widened and expenses surged. Read more ...

New survey seeks to identify the magic number Americans now need to be wealthy

Charles Schwab's annual Modern Wealth Survey also asked 1,000 Americans how much they needed to have in order to live comfortably. Read more ...

Twitter says it's committed to enforcing Elon Musk's $44 billion buyout deal...

Elon Musk. Andrew Kelly/Reuters Twitter said on Tuesday it plans to complete its $44 billion merger agreement with Elon Musk. This is despite Musk's apparent hesitation in... Read more ...

John Fetterman's momentum will run up against a tough midterms climate and a...

Pennsylvania Lt. Gov. John Fetterman Michael M. Santiago/Getty Images John Fetterman could be a midterms hero for Democrats. The goateed, 6'8 lieutenant governor locked up the... Read more ...

Madison Cawthorn Loses GOP Primary Amid Controversies

Cawthorn had Trump's backing even after a scandalous stretch-but it wasn't enough to prevent an apparent primary defeat for the freshman congressman. Read more ...

Mike Lindell wants Elon Musk to use his 'big presence' to probe the MyPillow...

MyPillow CEO Mike Lindell is looking to sit down with Elon Musk for a "15 minute presentation" on the former's baseless voter fraud claims. Jim Watson/AFP via Getty Images Mike... Read more ...

Japan's quarterly economy contracts as energy prices soar

Japan's economy shrank at an annual rate of 1% in the first quarter, as rising prices and COVID-19 restrictions deadened spending and investment Read more ...