The Hulk actor Mark Ruffalo and heiress Abigail Disney are calling on international leaders and business mavens to urgently introduce wealth taxes.
In a letter revealed on Wednesday entitled “the cost of extreme wealth”, greater than 200 individuals of the ultra-rich referred to as on political leaders attending the World Economic Forum in Davos, Switzerland, to take on emerging poverty and inequality.
“The history of the last five decades is a story of wealth flowing nowhere but upwards. In the last few years, this trend has greatly accelerated”, the letter mentioned.
“The solution is plain for all to see. You, our global representatives, have to tax us, the ultra-rich, and you have to start now.
“The present loss of motion is gravely regarding. A gathering of the ‘global elite’ in Davos to speak about “Cooperation in a Fragmented World” is needless in case you aren’t difficult the foundation reason behind department” the letter added.
This comes as the charity Oxfam International found in a recent study that the richest 1% are increasing their wealth at double the speed of the rest of humanity.
The charity said that for the first time in a quarter of a century, extreme poverty growth has been accompanied by increases in extreme wealth.
What to expect from the third day of the International Economic Forum in Davos:
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António Guterres, the Secretary-General of the United Nations, will give a special address at 11.15 CET
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Olena Zelenska, the First Lady of Ukraine, is also due to sit down and have a conversation with host Mirek Dušek, the Managing Director, of the World Economic Forum in Geneva at 13.45 CET
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Olaf Scholz, the Chancellor of Germany, will give a special address at 15.45 CET
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Volodymyr Zelenskyy, the President of Ukraine, will give a special address at 17.00 CET
