A group of the richest Americans has suggested that “the most financially fortunate” could contribute to addressing numerous challenges, including climate change, economic struggles, creating fair opportunities for all with a wealth tax.
Several tycoons have signed an open letter to Republican and Democratic presidential candidates, urging to back a moderate wealth tax on the fortunes of the richest 1% of Americans. The missive, posted on Medium.com, has garnered the support of financier George Soros, Facebook co-founder Chris Hughes, heir to the filmmaking dynasty Abigail Disney, the co-founders of the investment firm Blue Haven Initiative, Liesel Pritzker Simmons and Ian Simmons, and other wealthy individuals, including an anonymous signer.

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