The Treasury Will Be Happy To Accept Their Checks In Any Amount, No New Lawmaking Required: A Group Of Us Billionaires Is Calling For A Wealth Tax.

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via BBC:

Signatories include investor George Soros, Facebook’s co-founder Chris Hughes, and Molly Munger, daughter of billionaire Charlie Munger.

The group said they were non-partisan and not endorsing any candidate.

The open letter said: “A wealth tax could help address the climate crisis, improve the economy, improve health outcomes, fairly create opportunity, and strengthen our democratic freedoms. Instituting a wealth tax is in the interest of our republic.”

Among the 18 were a descendant of Walt Disney and the owners of the Hyatt hotel chain. Many in the group have been associated with progressive initiatives on issues such as climate change and the growing wealth gap.

Go on and write 18 checks, for whatever amount will ease your consciences. Maybe add another hundred million or two, just to be extra-assuaged.


h/t SG




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