Tax our wealth, super-rich tell politicians at Davos

This is the best summary I could come up with:

“We are also the people who benefit most from the status quo,” they said in a letter titled Proud to Pay, which they will attempt to deliver to world leaders gathered in Davos in Switzerland on Wednesday.

A new poll of the super-rich shows that 74% support higher taxes on wealth to help address the cost of living crisis and improve public services.

A survey, conducted by Survation on behalf of campaign group Patriotic Millionaires, polled more than 2,300 respondents from G20 countries who hold more than $1m (£790,000) in investable assets, excluding their homes – putting them in the richest 5%.

Guy Singh-Watson, the British farmer-turned-entrepreneur who founded vegetable box delivery company Riverford, said: “This poll seems to show that the whole world, including the richest people, wants to tax the super-rich.

A “modest” 1.7% wealth tax on the richest 140,000 people in the UK could raise more than £10bn to help pay for public services, the Trades Union Congress (TUC) suggested last year.

The richest 250 families in the UK are sitting on combined wealth of £748bn, according to the latest Sunday Times rich list, an increase from £704bn the previous year.

The original article contains 530 words, the summary contains 194 words. Saved 63%. I'm a bot and I'm open source!

7 comments

Logan Roy is condemning the rich, that’s ironic.
- I had to check in the article when I saw the thumbnail because I thought that looked too similar to Brian Cox.
The 2020 election cycle saw $5.7 billion in political spending on the presidency, and $8.7 billion in the congressional races.
Proponents for and against Ohio Issue 1 spent $100 million to promote their respective sides.
The $0.66 stamps affixed to your letters are a start, folks, but they will not save you from the guillotines.
Why is Logan Roy there?
90% not 2 %
This is the best summary I could come up with:
“We are also the people who benefit most from the status quo,” they said in a letter titled Proud to Pay, which they will attempt to deliver to world leaders gathered in Davos in Switzerland on Wednesday.
A new poll of the super-rich shows that 74% support higher taxes on wealth to help address the cost of living crisis and improve public services.
A survey, conducted by Survation on behalf of campaign group Patriotic Millionaires, polled more than 2,300 respondents from G20 countries who hold more than $1m (£790,000) in investable assets, excluding their homes – putting them in the richest 5%.
Guy Singh-Watson, the British farmer-turned-entrepreneur who founded vegetable box delivery company Riverford, said: “This poll seems to show that the whole world, including the richest people, wants to tax the super-rich.
A “modest” 1.7% wealth tax on the richest 140,000 people in the UK could raise more than £10bn to help pay for public services, the Trades Union Congress (TUC) suggested last year.
The richest 250 families in the UK are sitting on combined wealth of £748bn, according to the latest Sunday Times rich list, an increase from £704bn the previous year.
The original article contains 530 words, the summary contains 194 words. Saved 63%. I'm a bot and I'm open source!
How do we know this isn't a smoke screen?