Millionaires Across World Ask to Pay Higher Taxes to Help Fund COVID-19 Response

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MOSCOW (Sputnik) – Wealthy individuals, calling themselves Millionaires for Humanity, in an open letter on Monday called on governments to increase taxes on rich people to help cope with the coronavirus pandemic and its consequences.

A man wearing a face mask walks past an electronic stock board showing Japan’s Nikkei 225 index at a securities firm in Tokyo Monday, May 11, 2020

According to the signatories, the impact of the pandemic will be long-lasting, possibly for decades, and may push millions of people into poverty, as many of them have already lost their jobs due to coronavirus-related restrictions. In addition, there are nearly a billion children who are not attending school and, at the same time, many of them have no access to learning resources to study from home.

Apart from that, the inadequate amount of investments made in public health systems across the world have resulted in the absence of hospital beds, protective masks, and ventilators necessary to help fight the pandemic.

The letter was signed by more than 80 individuals, including Walt Disney Co. heiress Abigail Disney, UK screenwriter Richard Curtis, and Ben and Jerry’s ice cream co-founder Jerry Greenfield.

Sourse: sputniknews.com

Millionaires Across World Ask to Pay Higher Taxes to Help Fund COVID-19 Response

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