Covid and the Gaping Wealth Gap: What Can Be Done to Fix It? | DW News

Jan 29, 2022 • The coronavirus pandemic has made the rich even richer – and the poor even poorer. Here is why – and what we can do to combat this rise in inequality, which has pushed 160 million people into poverty, while the richest 10 men double their fortunes.

Super-rich Call for Higher Taxes on Wealthy to Pay for Covid-19 Recovery

THE GUARDIAN: Exclusive: Group of 83 wealthy individuals demands ‘immediate, substantial and permanent’ higher taxes ‘on people like us’

A group of 83 of the world’s richest people have called on governments to permanently increase taxes on them and other members of the wealthy elite to help pay for the economic recovery from the Covid-19 crisis.

The super-rich members, including Ben and Jerry’s ice cream co-founder Jerry Greenfield and Disney heir Abigail Disney, called on “our governments to raise taxes on people like us. Immediately. Substantially. Permanently”.

“As Covid-19 strikes the world, millionaires like us have a critical role to play in healing our world,” the millionaires said in a letter shared with the Guardian. “No, we are not the ones caring for the sick in intensive care wards. We are not driving the ambulances that will bring the ill to hospitals. We are not restocking grocery store shelves or delivering food door to door.

“But we do have money, lots of it. Money that is desperately needed now and will continue to be needed in the years ahead, as our world recovers from this crisis.” » | Rupert Neate, Wealth correspondent | Monday, July 13, 2020