John,
Each year, world leaders gather in Davos, Switzerland at the World Economic Forum Annual Meeting, better known simply as “Davos.” This meeting of the world’s elite includes more than two thousand business leaders, policy makers, and politicians―and each year they claim to care deeply about solving the world’s problems.
The best place to start solving the world’s problems is by addressing extreme wealth inequality.
In 2023 alone, the world’s richest families got $1.5 TRILLION richer.[1] It’s time for them to start paying their fair share in taxes―so we can invest those funds in addressing the climate crisis and environmental justice, the housing shortage, rising food prices, and escalating healthcare costs—as well as strengthening democracy so that the voices of everyday people are not drowned out by billionaires spending unlimited sums to control our elections.
One reason the super-rich don’t pay enough in taxes is that we don’t tax at all their biggest source of income: the rise in value of investments they don’t sell. Add your name and demand leaders at the World Economic Forum Annual Meeting in Davos tax the wealth gains of the ultra-rich.
It’s the greed of corporations, like the ones represented at Davos, that’s behind the skyrocketing price of everything from food to housing.[2][3] And, Americans for Tax Fairness reporting shows that billionaires―there are a lot of those at Davos, too―spent more than $1 billion combined to influence the 2022 midterm elections.[4]
The way we address out-of-control corporate greed and curb the anti-democratic political power of billionaires is by more effectively taxing the ultra-rich and the corporations they own. The world leaders who will gather later this month in Davos need to hear this message from us now.
Add your name and demand leaders at Davos tax the wealth gains of the rich and powerful.
An increased concentration of wealth in the hands of an elite few will only lead to more poverty and more destabilization of democracies across the globe.
Thank you for taking action today,
Maura Quint
Campaign Director
Americans for Tax Fairness Action Fund
[1] The world's wealthiest families got $1.5 trillion richer in 2023, with Hermès' owners and the rulers of Abu Dhabi leading the way
[2] Stuffing Their Pockets: How Big Food and Agriculture Businesses are Making Your Holiday Meals More Expensive
[3] New Legislation Proposes to Take Wall Street Out of the Housing Market
[4] Report: Billionaire Spending Topped $1 Billion For the First Time in 2022 Elections
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