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Patriotic Millionaires Lobby Congress to Raise Taxes on the Wealthy to Combat Inequality and Climate Change

By

nancy-folbre

8d ago· 8 min readenOpinion

Summary

The article advocates 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 argues that billionaires are pulling ahead financially while the rich's coastal properties face climate risks, and it calls for political action to implement higher taxes on the wealthy to address these interconnected crises.

Source

bskyPatriotic Millionaires Lobby Congress to Raise Taxes on the Wealthy to Combat Inequality and Climate Changecommondreams.org

Key quotes

· 4 pulled
I dream of seeing the title of this post on bumper stickers, billboards, and personal tattoos.
The slogan 'Tax the rich and save the world' comes from a message from the Patriotic Millionaires—a group of more than 200 high-net-worth Americans, from investors and executives to filmmakers and heirs, who are actively lobbying Congress to raise their own taxes.
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.
Snippet from the RSS feed
The case is straightforward. What's needed is the political might to see it done.

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