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appalachiablue

(42,925 posts)
Sat May 11, 2024, 11:40 AM May 2024

Patriotic Millionaires: Project Video on IMF, World Bank Bldgs, Demand To Be Taxed More, G20 Fin Mtg


- Patriotic Millionaires Project Video Onto IMF and World Bank Buildings Demanding to be Taxed More Ahead of G20 Finance Ministers Meeting, Wed., April 17, 2024. Ed. -Their message is clear: the world is in crisis and now is the time to act. Tax us, the super-rich. We are proud to pay more!
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– World economic leaders are in Wash, DC for the G20 Finance Ministers’ meeting on April 18, and members of the Patriotic Millionaires have a message for them: tax us, the super-rich, or face catastrophic consequences for our democracy and our planet. The video, created by the Patriotic Millionaires, was broadcast onto the bldgs. of the International Monetary Fund and the World Bank in Wash, DC.

This is the 2nd time G20 Finance Ministers have met since Brazil took on the Presidency of the G20 this year. Their 1st meeting, in Feb. 2024, saw both the Brazilian and French Finance Ministers publicly support an initiative to set international standards for taxing the super-rich. This initiative, proposed by Gabriel Zucman from the EU Tax Observatory, now needs additional public support from other G20 Finance Ministers, which is the core message at the center of the projection.

Morris Pearl, Chair of the Patriotic Millionaires and former managing director at BlackRock, said: “The G20 needs to grab the bull by the horns and tax us, the super rich. Billionaire wealth has grown to $14.2 trillion and yet 800 million people go to bed hungry every night. Action to build fairer economies is long overdue, and our political leaders cannot keep failing to take decisive action.”

Patriotic Millionaires is an international group of 300 millionaires across the globe demanding to be taxed more. It includes high-profile names such as Abigail Disney, Morris Pearl (former managing dir. at BlackRock), musician Brian Eno, Gary Stevenson (former City trader and author), and John Driscoll (Exec. VP of Walgreens Boots Alliance). They use their wealth to fight for a more equitable economy built on a foundation of a fair tax system, a livable wage, and equal access to democracy – and they are demanding to be taxed more.

This group understands that extreme wealth is extreme power, and both are now threatening democracy, hurting the economy, and jeopardizing the planet...More,
https://patrioticmillionaires.org/press-release/patriotic-millionaires-project-video-onto-imf-and-world-bank-buildings-demanding-to-be-taxed-more-ahead-of-g20-finance-ministers-meeting/
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