Booking.com

Millionaires including Richard Curtis demand governments tax them more to help Covid recovery

UK News

Millionaires around the world have today signed an open letter calling on governments to tax them more to help fund the economic recovery from the coronavirus crisis.

The group, ‘Millionaires for Humanity’, is asking governments to raise taxes on its members ‘immediately, substantially and permanently’.

Among the 83 signatories are Disney heir Abigail Disney and Ben and Jerry’s co-founder Jerry Greenfield.

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

Love Actually director Richard Curtis is one of four British millionaires to sign the letter

The group, 'Millionaires for Humanity', is asking governments to raise taxes on its members 'immediately, substantially and permanently'

The group, 'Millionaires for Humanity', is asking governments to raise taxes on its members 'immediately, substantially and permanently'

The group, ‘Millionaires for Humanity’, is asking governments to raise taxes on its members ‘immediately, substantially and permanently’

Other British millionaires who have pledged their support include Gary Stevenson, an economist and former interest rate trader in London and Tokyo. 

In 2011 Mr Stevenson became Citibank’s most profitable trader globally by correctly predicting that the aftereffects of the 2008 crisis would lead to a long term stagnation in interest rates and a rapid rise in asset values. 

He retired as a multimillionaire aged 27 in 2014, to study economics and inequality at Oxford University.

Those who signed the letter said: ‘The problems caused by, and revealed by, Covid-19 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.

Other millionaires who have pledged their support include Gary Stevenson (pictured), an economist and former interest rate trader in London and Tokyo

Other millionaires who have pledged their support include Gary Stevenson (pictured), an economist and former interest rate trader in London and Tokyo

Other millionaires who have pledged their support include Gary Stevenson (pictured), an economist and former interest rate trader in London and Tokyo

Signatories include Disney heir Abigail Disney (pictured in New York in 2018)

Signatories include Disney heir Abigail Disney (pictured in New York in 2018)

Signatories include Disney heir Abigail Disney (pictured in New York in 2018) 

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 per cent 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 Covid-19 relief efforts — including Microsoft founder Bill Gates and Twitter founder Jack Dorsey.

Millionaires across the world put their name to open letter calling for higher taxes 

The group, ‘Millionaires for Humanity’, is asking governments to raise taxes on its members ‘immediately, substantially and permanently’. The signatories are listed below with their country name in parentheses:   

Frank Arthur (US) 

Richard Boberg (US) 

Dr. Mariana Bozesan (DE) 

Bob Burnett (US) 

Ronald Carter (US) 

Xandra Coe (US) 

James Colen (US) 

Cynda Collins Arsenault (US) 

Richard Curtis (UK) 

Alan S. Davis (US) 

Pierce Delahunt (US) 

Abigail Disney (US) 

Tim Disney (US) 

John Driscoll (US) 

Karen Edwards (US) 

Stephen R. English (US) 

Andrew M. Faulk, M.D. (US) 

Rick Feldman (US) 

Mary Ford (US) 

Patricia G. Foschi (US) 

Blaine Garst (US) 

Molly Gochman (US) 

Jerry Greenfield (US) 

Karen Grove (US) 

Ron Guillot (US) 

Catherine Gund (US) 

Christina Hansen (DE) 

John Michael Hemmer (US) 

Wei-Hwa Huang (US) 

Diane Isenberg (US) 

Ross Jackson (DK) 

William H. Janeway (US) 

Frank H. Jernigan (US) 

Kristina Johansson (UK) 

Richard (Ted) LaRoche (US) 

David Lee (US) 

Kristin Luck (US) 

Amy Mandel (US) 

Ané Maro (DK) 

Patricia Martone (US) 

Terence Meehan (US)

Frans Meijer (NL)

Diane Meyer Simon (US) 

John O’Farrell (US) 

Gary Passon (US) 

Morris Pearl (US) 

Judy Pigott (US) 

Stephen Prince (US) 

Sophie Robinson Saltonstall (US) 

Bonnie Rothman (US) 

Michael Rothman (US) 

Guy Saperstein (US) 

Cédric Schmidtke (DE) 

Eric Schoenberg (US) 

Robert Schram (NL) 

Antonis Schwarz (DE) 

Stephen Segal (US) 

Djaffar Shalchi (DK) 

Charlie Simmons (US) 

Barbara Simons (US) 

Gary Stevenson (UK) 

Karen Stewart, PhD (US) 

Julia Stone (US) 

Sandor Straus (US) 

Mark Thomas (US) 

Arthur Strauss, MD (US) 

Ralph Suikat (DE) 

Alexandra Theriault, MD (US) 

Sir. Stephen Tindall (NZ) 

Sidney Topol (US) 

Claire Trottier (CA) 

Sylvie Trottier (CA) 

Dale Walker (US) 

Scott Wallace (US) 

Diana Wege (US) 

Terry Winograd (US) 

Carol Winograd (US) 

Bennet Yee (US) 

Amy Ziering (US)

Thomas McDougal (US) 

Gemma McGough (UK) 

Marie T. McKellar (US) 

Judy L. Meath (US) 

Terence Meehan (US) 

Advertisement

DailyMail Online


Leave a Reply