Wealth, Taxes, and the Cost of Debt: Why Billionaires Are Calling For Higher Taxes — and What Trump’s Tax Cuts Have to Do With It
ANN ARBOR - A growing number of millionaires and billionaires are publicly urging governments to raise taxes on the world’s wealthiest individuals, arguing that extreme inequality threatens economic stability, democratic institutions, and long-term growth. In an open letter released alongside global economic forums, wealthy signatories warned that current tax systems allow vast fortunes to accumulate
