(Tony Sifert, Headline USA) A band of rogue millionaires has penned an open letter (with its own website) to the attendees of the World Economic Forum’s Davos Zoom conference, arguing that if they want to be trusted, they should open their checkbooks rather than congregate “in tiny side rooms only accessible by the very richest and most powerful.”
“Trust is . . . not built by billionaire space travelers who make a fortune out of a pandemic but pay almost nothing in taxes and provide poor wages for their workers,” write the signatories of “In Tax We Trust.”
The letter is accompanied by an Oxfam report that expresses appropriate outrage that “the world’s ten richest men more than doubled their fortunes from $700 billion to $1.5 trillion . . . during the first two years of a pandemic.”
“Inequality is contributing to the death of at least 21,000 people each day, or one person every four seconds,” Oxfam reported.
The miserable millionaires, therefore, demand a “fair tax system” that would represent “a complete overhaul of a system that up until now has been deliberately designed to make the rich richer.”
“It’s taxes or pitchforks,” the letter concludes. “Tax us, the rich, and tax us now.”
It is a charming affection of the merely rich to believe that the plutocrats are just like them, except richer.
But it is clear that these mere Patriotic Millionaires haven’t been paying attention to the goings-on in digital-Davos, where the only speakers of consequence are pharmaceutical CEOs and the Chinese president.
Both will be happy to take the millionaires’ money.