World News
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This is the best summary I could come up with:
“We are also the people who benefit most from the status quo,” they said in a letter titled Proud to Pay, which they will attempt to deliver to world leaders gathered in Davos in Switzerland on Wednesday.
A new poll of the super-rich shows that 74% support higher taxes on wealth to help address the cost of living crisis and improve public services.
A survey, conducted by Survation on behalf of campaign group Patriotic Millionaires, polled more than 2,300 respondents from G20 countries who hold more than $1m (£790,000) in investable assets, excluding their homes – putting them in the richest 5%.
Guy Singh-Watson, the British farmer-turned-entrepreneur who founded vegetable box delivery company Riverford, said: “This poll seems to show that the whole world, including the richest people, wants to tax the super-rich.
A “modest” 1.7% wealth tax on the richest 140,000 people in the UK could raise more than £10bn to help pay for public services, the Trades Union Congress (TUC) suggested last year.
The richest 250 families in the UK are sitting on combined wealth of £748bn, according to the latest Sunday Times rich list, an increase from £704bn the previous year.
The original article contains 530 words, the summary contains 194 words. Saved 63%. I'm a bot and I'm open source!