Nineteen billionaires released a bipartisan letter on Monday asking the 2020 presidential candidates to support a tax on the American families with the largest fortunes.
Nineteen billionaires including George Soros, Abigail Disney and members of the Pritzker family released a bipartisan letter on Monday asking the 2020 presidential candidates to support a tax on the American families with the largest fortunes.
A wealth tax is a powerful tool for solving the current climate crisis, another issue that has garnered a lot of attention in the 2020 race, the letter stated.Some of America's billionaires have a message for the next President of the United States: tax us. "The next dollar of new tax revenue should come from the most financially fortunate, not from middle-income and lower-income Americans," the letter,A tax on America's wealthiest has been at the forefront of the 2020 election stage. Presidential hopefuls Senator Elizabeth Warren, Senator Bernie Sanders, Mayor Pete Buttigieg and Representative Beto O'Rourke and more have come out in support of a tax on the wealthiest Americans.on Americans with more than $50 million in assets.
The letter said a wealth tax is a powerful tool for solving the current climate crisis, another issue that has garnered a lot of attention in the 2020 race. It also said the tax could grow the economy and help improve public health.
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