Media
Wealthy individuals in both the US and Europe are increasingly advocating for higher taxes.
Our movement is growing globally! Millionaires Demanding Increased Taxes: In both the United States and Europe, a growing number of millionaires are expressing their dismay over paying a lower tax rate compared to the middle class. They are actively advocating for a global wealth tax to rectify this disparity.
New Statesman - The £92,762 gender wealth gap that is hurting the economy
The £92,762 gender wealth gap that is hurting the economy - Covering the Women’s Budget Group report, the New Statesman interviewed PMUK member Julia Davies on why we need wealth taxes.
The Guardian - HMRC prosecutes just 11 wealthy individuals in the past year
HMRC prosecutes just 11 wealthy individuals in the past year - PMUK member Phil White gave a quote to The Guardian on the shocking level of inaction holding wealthy individuals to account for not paying their fair share of taxes.
The FT - Big government is back. How will we pay for it?
The FT - Big government is back. How will we pay for it? - Emma Agyemang and Chris Giles mentioned the letter in The Big Read on wealth taxes where they indicated that taxing wealth is inevitable.
I’m a millionaire and this is why I want to pay more tax
I’m a millionaire and this is why I want to pay more tax - PMUK member Julia Davies authored an opinion piece for iNews arguing that delaying the much needed repairs to our country will only cost us more in the long run.
The Daily Mail - Disney heiress among dozens of millionaires calling for a tax on 'super-rich'
Disney heiress among dozens of millionaires calling for a tax on 'super-rich' - The Daily Mail printed the G20 letter in full and reported on Abigail Disney’s campaigning on the interlinked issues of extreme wealth and the climate crisis.
The Guardian - G20 must forge agreement to increase tax on rich, say campaigners
G20 must forge agreement to increase tax on rich, say campaigners - Sharing more highlights from the letter, The Guardian quoted Katy Chakrabortty, Oxfam’s head of policy and advocacy: “The chorus of voices is surely growing too loud now for politicians to continue to ignore. The world is at a critical juncture; fairer taxation to address the cost of living and climate crises is supported by millionaires and the public alike. It’s high time for governments to act.”
The Telegraph - Disney heiress leads call for tax on ‘super-rich’
The Telegraph - Disney heiress leads call for tax on ‘super-rich’ - The Telegraph highlighted Patriotic Millionaire member Abby Disney’s support of the campaign. They reported on the fact that in 2021 the G20 and others worked together to ensure that multinational corporations should pay a minimum level of tax, and that the same can be done to stop tax competition and avoidance by the richest people.
Member Julia Davies on LBC
Julia Davies was on LBC reacting to Rachel Reeve’s announcement ruling out wealth taxes under a Labour government. She talked about the increasing consolidation of wealth, citing recent research that found that in 2020 the average CEO earnt 79 times that of the average worker, which has now increased to 118 times more.