Patriotic Millionaires

Less than two months since Donald Trump took office, three of the world’s wealthiest men – Jeff Bezos, Mark Zuckerberg, and Elon Musk – have given what amounts to a free master class on why extreme wealth is so dangerous. The Patriotic Millionaires explain more in our latest Closer Look: https://lnkd.in/gkkjFTGZ

Does billionaire Warren Buffett really pay taxes at an annual rate over 1,000 percent? The Tax Foundation—corporate oligarchy’s favorite number crunchers—would like you to think so, but as our Senior Vice President for Tax Policy Bob Lord explains for inequality.org, the answer is a resounding no. https://lnkd.in/gKi-zrkX

In case you missed it, our member Abigail Disney's Vatican speech is now available in full on YouTube!?Abigail joined world leaders, economists, and civil society leaders in a high-level dialogue on international tax justice and the dangers of extreme wealth concentration. Watch now:?https://lnkd.in/eb2TBkBc

Yesterday, our Chair, Morris Pearl (pictured here with guest speaker Guido Alfani and Professor Daniel Markovits), spoke at Yale Law School about inequality and the role of the rich in society.

"When a super-rich elite is determining the outcome of elections purely to protect their vested interests and accelerate profits, it’s clear that we are in a terrifying age of wealth extremism." Our ally Brian Cox to the Guardian on the need for a global wealth tax. https://lnkd.in/eA86cw7T

“Rising and extreme inequality threatens everything we hold dear: our democracies, our economies, our planet, and our broader society." Our Chair, Morris Pearl, quoted in Daily Mirror on the importance of taxing the super-rich as billionaire wealth continues to skyrocket. https://lnkd.in/e-qVAetK

Taxing the super rich isn’t just common sense—it’s the key to ending extreme inequality and funding the fight against poverty and climate change. 50+ organizations worldwide including Patriotic Millionaires are demanding the super-rich pay their fair share. #G20finance Learn more: www.taxthesuperrich.world

Our President, Erica Payne, released the following statement after Michigan Governor Gretchen Whitmer signed Senate Bill 8 into law to preserve the state's subminimum wage for tipped workers: https://lnkd.in/eXyJWFBW

For organizations struggling with high turnover rates and productivity, raising wages is just common sense. Our member John Driscoll explains more in a recent article for Corporate Board Member: https://lnkd.in/e28Qqndw

"It’s really not complicated. When workers can pay their bills on the wages they earn, they are more focused, motivated and loyal—which boosts businesses’ bottom line. Paying workers more hits the income sheet in the short term, yet I found it to be the best investment that our business made to ensure success over the long term." In a new guest piece for the Aspen Institute Business & Society Program, our member John Driscoll - the co-author of Pay the People! Why Fair Pay is Good for Business and Great for America - explains why paying workers living wages is a "win" for everyone, even business leaders like him. Check it out below! https://lnkd.in/gB465PYc