The wealthy are “moving to places with higher taxes” because they want to live in countries where cities are well looked after and their “wealth is safe”, says Morris Pearl, chair of Patriotic Millionaires.
Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
August 04, 2026
Billionaire Challenges Tax Myths and Backs a Wealth Tax
Aug 4, 2026 | “I’m not afraid of losing a few millionaires.”
The wealthy are “moving to places with higher taxes” because they want to live in countries where cities are well looked after and their “wealth is safe”, says Morris Pearl, chair of Patriotic Millionaires.
The wealthy are “moving to places with higher taxes” because they want to live in countries where cities are well looked after and their “wealth is safe”, says Morris Pearl, chair of Patriotic Millionaires.
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billionaires,
wealth tax