Taxing the Rich
Each year, except in Covid times, the business and political elite gather in Davos, Switzerland. Nothing new in that. But this year a group of millionaires are demanding that governments "tax us now" to tackle the huge and expanding gulf between rich and poor. ...The unlikely protesters, who describe themselves as "patriotic millionaires", called on world leaders attending the annual conference yesterday to introduce fresh taxes on the wealthy to tackle the "cost of living scandals playing out in multiple nations around the world". Phil White, ... a member of patriotic Millionaires UK, said: "While the rest of the world is collapsing under the weight of an economic crisis, billionaires and world leaders meet in this private compound to discuss turning points in history. It's outrageous that our political leaders listen to those who have the most [but] know the least about the economic impact of this crisis, and many of whom pay infamously little