Nearly 400 millionaires and billionaires from 24 countries have signed an open letter calling on global leaders to raise taxes on the super-rich, warning that extreme wealth is corrupting democracy and buying political influence. Released to coincide with the World Economic Forum in Davos, the letter argues that unchecked wealth is deepening inequality, driving social exclusion and accelerating the climate crisis. Signatories include actor Mark Ruffalo, musician Brian Eno and philanthropist Abigail Disney. A new poll of wealthy individuals in G20 countries shows strong support for higher taxes on the ultra-rich, even among millionaires themselves. The appeal comes as Oxfam reports a record surge in global billionaire wealth, intensifying debate over inequality and political power.
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