120 millionaires have signed a letter begging the British government to tax them more: ‘We can afford it’
While some of the ultra-rich are fleeing their hometowns to protect their wealth in sunny locales with lower tax burdens, a growing group of U.K. millionaires are staying put and demanding to pay more. Now, 120 wealthy Britons have signed an open letter to England’s new prime minister Andy Burnham, asking for their taxes to be raised. Recommended Video The “Proud to Pay” campaign, organized by Patriotic Millionaires UK, has drawn support from some of the country’s biggest stars—including the likes of former footballer Gary Lineker, and legendary music producer Brian Eno.
- ▪While some of the ultra-rich are fleeing their hometowns to protect their wealth in sunny locales with lower tax burdens, a growing group of U.K. millionaires are staying put and demanding to pay more.
- ▪Now, 120 wealthy Britons have signed an open letter to England’s new prime minister Andy Burnham, asking for their taxes to be raised.
- ▪Recommended Video The “Proud to Pay” campaign, organized by Patriotic Millionaires UK, has drawn support from some of the country’s biggest stars—including the likes of former footballer Gary Lineker, and legendary music producer Brian Eno.
Fortune files mainly under business. We currently carry 531 of its stories.
Opening excerpt (first ~120 words) tap to expand
While some of the ultra-rich are fleeing their hometowns to protect their wealth in sunny locales with lower tax burdens, a growing group of U.K. millionaires are staying put and demanding to pay more. Now, 120 wealthy Britons have signed an open letter to England’s new prime minister Andy Burnham, asking for their taxes to be raised. Recommended Video The “Proud to Pay” campaign, organized by Patriotic Millionaires UK, has drawn support from some of the country’s biggest stars—including the likes of former footballer Gary Lineker, and legendary music producer Brian Eno. “We want you to tax us. We can afford it,” the campaign’s press release reads.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at Fortune.