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Image header Agence Europe
Europe Daily Bulletin No. 12526
Contents Publication in full By article 12 / 34
ECONOMY - FINANCE - BUSINESS / Taxation

Eighty-four millionaires call for tax increase on very wealthiest to help pay for global economic recovery

A group of 84 millionaires, the “Millionaires for Humanity”, called on governments around the world on Monday 13 July to use their vast fortunes to finance the post-Covid-19 economic recovery and help rebalance the global economy.

In an open letter relayed furthermore by the organisation Oxfam, the group urges governments to raise taxes on millionaires and billionaires “immediately. substantially. permanently”.

The letter warns that the impact of the crisis will be felt for decades...

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