Patriotic Millionaires Lobby Congress to Raise Taxes on the Wealthy to Address Inequality and Climate Change
By
nancy-folbre
Summary
The article argues for taxing the wealthy as a solution to economic inequality and climate change. It highlights the Patriotic Millionaires, a group of over 200 high-net-worth Americans lobbying Congress to raise their own taxes. The piece connects the growing wealth gap (billionaires pulling ahead) with environmental crises (rising sea levels from carbon emissions), citing ecological economist James K. Boyce. The core message is that the economic and moral case for taxing the rich is clear, but political will is needed to implement it.
Source
bskyPatriotic Millionaires Lobby Congress to Raise Taxes on the Wealthy to Address Inequality and Climate Changecommondreams.orgKey quotes
· 3 pulledTax the rich and save the world
Millionaires are watching billionaires pull further ahead financially, and watching their coastal properties sink closer to the waterline as unchecked carbon emissions push sea levels higher.
What's needed is the political might to see it done.
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