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Scoop.it!
The public supports it, and even the rich are calling for it. We must prevent a deeper slide into global inequality, says activist and film-maker Abigail Disney 
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Scoop.it!
Members of the Patriotic Millionaires say the income gap in the US has become a disaster – and it’s time to ‘take that money back’
Graham Watson's insight:
Far be it from me to suggest that the publication of this article is in any way linked to the current political hoo-ha in the UK about the tax status of the Chancellor's wife, but the Guardian flags up a group of rich Americans who want to pay more tax.
Rarely in economics do turkeys vote for Christmas but in this case, a number of the super-rich, notably Abigail Disney, argue in favour of a wealth tax and increasing the amount that they pay. It is genuinely interesting to hear their arguments - and just nice to see people actually wanting to pay their fair share of tax rather than seeking to avoid it.
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The annual plea by one of the Patriotic Millionaires for higher rates of taxation. Or extreme virtue-signalling for some.
But perhaps some members of the super-rich are of the view that the state provides them with infrastructure, social cohesion and public goods and they think that they these goods are being sold to them for below their market value? It could be worse: they could be campaigning for public office.