Skip to content
Search AI Powered

Latest Stories

Millionaires Sign Open Letter Telling Governments To 'Please Tax Us' To Aid Pandemic Recovery

Millionaires Sign Open Letter Telling Governments To 'Please Tax Us' To Aid Pandemic Recovery
Abigail Disney (Michael Kovac/Getty Images)

Eighty-three millionaires have signed an open letter calling on governments around the world to tax them more to help fund the economic recovery from the pandemic crisis.

The group, which has called itself 'Millionaires for Humanity', is asking governments to raise taxes on its members “immediately, substantially and permanently."


Signatories include Disney heir Abigail Disney and Ben and Jerry's co-founder Jerry Greenfield, as well as other millionaires from around the world.

The letter has been signed by four British millionaires, including Blackadder and Four Weddings and a Funeral writer Richard Curtis.

Those who signed the letter said:

“The problems caused by, and revealed by, [the pandemic] can't be solved with charity, no matter how generous. Government leaders must take the responsibility for raising the funds we need and spending them fairly."
“We can ensure we adequately fund our health systems, schools, and security through a permanent tax increase on the wealthiest people on the planet, people like us."

A recent report by Credit Suisse found there are 46.8 million millionaires worldwide, and they own nearly half of the world's global total wealth.

The open letter continued:

“We owe a huge debt to the people working on the frontlines of this global battle. Most essential workers are grossly underpaid for the burden they carry. At the vanguard of this fight are our health care workers, 70 percent of whom are women."

The signers conclude that raising taxes on the wealthy is the “only choice" and that “humanity is more important than our money."

Some of the world's super-rich have already donated money to assist relief efforts — including Microsoft founder Bill Gates and Twitter founder Jack Dorsey.

More from News

Joshua Jackson reacts to an unexpectedly awkward question about his father.
@paceybanks/X

Joshua Jackson Was Just Asked About The 'Best Advice' He Got From His Dad—But There's One Awkward Problem

What started as a standard red carpet question quickly veered into uncomfortable territory when Dawson’s Creek star Joshua Jackson was asked about advice from a father who wasn’t actually part of his life. Jackson has long been open about his difficult non-relationship with his father, John Carter.

Back in 1998, Jackson spoke candidly to The Seattle Times about his parents’ divorce, describing it as a turning point in his childhood.

Keep ReadingShow less
Dr. Sandra Lee
TODAY with Jenna & Sheinelle/YouTube

'Dr. Pimple Popper' Star Reveals She Suffered Stroke While Filming Series: 'I Had A Part Of My Brain That Died'

It's already scary to witness a younger person go through a life-changing medical diagnosis, but it's especially jarring to see a medical professional, who presumably knows best about how to care for themselves, go through the same.

Sandra Lee, known as "Dr. Pimple Popper" on Lifetime, is well-known for her bedside manner, medical knowledge and ability to share her knowledge in an accessible way, and, of course, her unique approach to dermatological care.

Keep ReadingShow less
Rob Schneider; Elizabeth Banks
Slaven Vlasic/Getty Images; Frederic J. Brown/AFP via Getty Images

Rob Schneider Dragged For Criticizing Elizabeth Banks' 'Dangerous Rhetoric' After She Called Out White Female Trump Voters

After actor and filmmaker Elizabeth Banks—who played Effie Trinket in The Hunger Games—called out white women who voted for President Donald Trump, MAGA actor Rob Schneider lashed out against what he referred to as her "dangerous rhetoric."

Those who've read the book and seen the film adaptation of The Hunger Games know that Trinket—known for joyfully announcing, "Happy Hunger Games and the odds may be ever in your favor!"—is a mistress of propaganda for a hostile government that forces teenagers to fight to the death every year to intimidate critics and keep society's poorest and most vulnerable in line. Trinket eventually embraces the rebellion.

Keep ReadingShow less
Kid Rock
Anna Moneymaker/Getty Images

Kid Rock Dragged After Offering Massive Discount To His MAGA Festival Due To Abysmal Ticket Sales

Musician Kid Rock has hitched his wagon to president Donald Trump for quite some time now, and it seems he too is in the "find out" stage of that particularly exercise in FAFO.

It seems that when the president you form your entire personality around craters to a catastrophic approval rating even for him, your ship starts to sink too.

Keep ReadingShow less
Dan Driscoll; Tammy Duckworth
Cheriss May/Getty Images; Chip Somodevilla/Getty Images

Army Secretary Sparks Outrage After Shutting Down Army Social Media Accounts For Honoring Tammy Duckworth's Military Service

Army Secretary Dan Driscoll is facing heavy criticism after he ordered that all accounts associated with the Army unit "Soldier for Life" (SFL) be shut down after the unit shared a post on social media celebrating Illinois Democratic Senator Tammy Duckworth's military service.

Duckworth is a double amputee who lost both of her legs in combat in 2004 when her Black Hawk helicopter was hit by a rocket-propelled grenade fired by Iraqi insurgents.

Keep ReadingShow less