Millionaires for Humanity
@Mills4Humanity
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A global network of millionaires advocating for wealth taxes. Please tax us now. Run by @humanactorg
Joined February 2021
The economy is broken. Wealth continues to flow upwards while everyday people struggle. We're millionaires, and we're saying loud and clear: Tax us. A global wealth tax is essential to fix this rigged system. It's not radical—it's necessary. #TaxTheRich #WealthTax
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Billionaires are a symptom of a system that allows wealth to be extracted from workers and consumers. Our focus is on the solution: a #wealthtax. It's time to fix the system. Video by @kylie.brewer
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Our member, Kim Stuart, knows personal charity is vital, but not enough. A wealth tax ensures everyone with extreme wealth contributes their fair share to uplift society. It’s about systemic justice, not just individual giving. #WealthTax #FairShare #TaxTheRich
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When Spain taxed large fortunes, its billionaire count actually increased and its economy thrived. The tax now raises billions for public services. It's not a question of if a wealth tax can work—it's a question of political will. #WealthTax.
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How Spain put up wealth taxes – without chasing away the billionaires
theguardian.com
Amid calls for Rachel Reeves to bring in a new levy for the super-rich, Madrid offers lessons for policymakers
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Our member, Erica Pinsky is right: we are in a climate emergency, and the money for a green transition is there. A #wealthtax on people like us is the most logical and fair way to fund it. The real question is not about feasibility, it's about political will. #TaxTheRich
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Nearly a century later, the system is still broken. We're millionaires saying this is a policy failure. Tax extreme wealth and invest in housing for all. 🏡. #HousingCrisis #TaxTheRich #WealthTax
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Implementing a 2% annual minimum tax on billionaire wealth could generate global revenues equivalent to 0.22% of global GDP annually, rising to 0.27% by 2030. ✍️ Kane Borders, @pnicolaides, @gabriel_zucman. via @rielcano.
realinstitutoelcano.org
What effect would a 2% global minimum tax on billionaires have, and how might it be implemented by the G20?
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"Corporate America gets all the benefits of American stability and fiscal policy, but bears none of the responsibility. Walmart, they make billions in profits, but their workers are one of the largest corporate users of social service programs." - Jon Stewart. #WealthTax
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Meet Venkat Krishnan N., a member of #MillionairesForHumanity. From helping build Sony TV in India to coordinating philanthropy with Bill Gates, his experience is clear: Charity isn't enough. We need systemic change. We need a #WealthTax. #TaxTheRich #WealthTax #Philanthropy
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7 Nobel Prize-winning economists are demanding a wealth tax in France. Their proposed solution is simple: a 2% minimum tax on fortunes over €100 million to ensure the ultra-wealthy pay their fair share. The world's leading economic experts agree. It's time for a #wealth tax.
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15 years later, the Giving Pledge has allowed the ultra-wealthy to get richer while appearing generous. A new @IPS_DC report confirms that philanthropy is not a substitute for a #wealthtax.
ips-dc.org
15 years on, the Giving Pledge is unfulfilled, unfulfillable, and not our ticket to a fairer, better future.
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This scene from The Big Short shows how wealth inequality works: huge private profits from public losses. We advocate for a #WealthTax to ensure fortunes made from risky bets are reinvested in the society that bears all the risk. #TaxTheRich
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Our member Tommy Chong, a comedy legend and lifelong activist, has a simple message: "The wealthy must help the needy." He knows that means changing the system with a #WealthTax. #TaxTheRich
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A Financial Times analysis suggests the "millionaire exodus" numbers—used for years to block taxes on the rich—were fabricated. It was a PR campaign to protect billionaire fortunes, not an economic reality. Time for a #WealthTax. #TaxTheRich.
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On this day in 1932, the US Army violently cleared out WWI veterans who were protesting for the bonuses they were promised. History shows us what happens when a government protects wealth instead of its people. It's time to change the system. #WeathTax #TaxTheRich
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The system allows the rich to hoard assets forever while working people can't get a foot on the ladder. This isn't just unfair, it’s destructive. It’s time to tax extreme wealth and give everyone a fair shot. #TaxTheRich. @garyseconomics #WealthTax
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As a wealth inheritor, our member Lily Lewis says it's her "responsibility to challenge the relationship the rich have to power and control.". She knows a #WealthTax won't change their lives, but it will change the world for everyone else. It's time for to #TaxTheRich
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The super-rich are spending millions on luxury doomsday bunkers. Maybe if they paid their fair share in taxes to fix society, they wouldn't feel the need to hide from it. Just a thought. #TaxTheRich #WealthTax
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Ahead of the G20 summit, our demand is simple: a 2% tax on the world's 3,000 richest billionaires. The world has enough wealth to solve its biggest problems. It's time for leaders to act. #G20 #WealthTax #TaxTheSuperRich
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