Opinion | An Open Letter to Patriotic Billionaires

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Opinion | An Open Letter to Patriotic Billionaires
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From WSJOpinion: Raise our taxes, billionaires plead. So why don’t they start writing checks to the government today?

Nineteen uberwealthy Americans posted an open letter Monday calling on “all candidates for President” to support a “moderate” wealth tax. Signatories include the investor George Soros, Berkshire Hathaway scion Molly Munger, Mickey Mouse heiress Abigail Disney, Facebook co-founder Chris Hughes, and a couple of Hyatt Hotel progeny from the Pritzker family.

“America has a moral, ethical and economic responsibility to tax our wealth more,” they say. Revenue squeezed from the top 0.1% could fund “smart investments,” such as “clean...

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