Millionaires receive social security

Millionaires are demanding higher taxes for reconstruction after Corona

Berlin. A group of 83 millionaires from seven countries are campaigning for higher taxes for the super-rich to finance social reconstruction after the corona pandemic. The problems caused by the pandemic "cannot be solved by charity, no matter how generous it may be," said an open letter distributed by Oxfam and other aid organizations on Monday. "Permanently higher taxes for the richest people on this planet, for people like us" are necessary to finance the reconstruction.

The letter appears in the run-up to the meeting of G20 finance ministers and the EU summit, which will take place later this week. "Millions of people will lose their jobs, some of them permanently," warn the signatories. The tax burden on the super-rich makes it "possible to adequately finance our health systems, schools and social security". Because currently many people who would fight the pandemic in their work "at the front" as "essential workers" are "grotesquely underpaid".

Also read: More members in the club of the rich and super-rich - the wealth of millionaires is growing despite short-term corona crisis losses

Prominent signatories of the open letter are the German start-up investor and philanthropist Dr. Mariana Bozesan and four other German millionaires. Also on the list are the founder of the Warehouse Group, New Zealander Sir Stephen Tindall, the British screenwriter and director Richard Curtis, the US Disney heiress Abigail Disney and the co-founder of the US ice cream brand Ben & Jerry's, Jerry Greenfield. The group of signatories is called "Millionaires for Humanity".

In Germany, the Left Party is calling for a Europe-wide wealth tax for the rich to pay the costs of the corona crisis. "We need a European levy on the large private fortunes of billionaires and multimillionaires," said Left Party leader Dietmar Bartsch. That is economically, but also politically necessary. AFP / nd

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