Nearly 20 billionaires in the US said that more tax should be imposed on them to fulfill climate change and other priorities. On Monday, these highly wealthy Americans asked the presidential candidates to support the high tax on the rich.
The group that gave this message includes George, Facebook’s co-founder Chris Hughes, descendants of Walt Disney and the owners of Hyatt Hotel Chain. The group said that putting more taxes on our property in America becomes a moral, theoretical and financial responsibility.
These people said that billionaire investor Warren Buffett had said that he is taxed at a lower rate than his secretary. The group said, “Wealth tax can be solved by climate crisis, economy and health system can be improved. Also, enough opportunities can be created. It will also strengthen our democratic freedom. Wealth tax is beneficial for our Republic. ‘