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Tax the ultra-rich more, says Soros-led billionaires’ group

‘We’ll be fine — taking on this tax is the least we can do to strengthen the country we love,’ group says

Financier and philanthropist George Soros
Financier and philanthropist George Soros Photo: Getty Images

Taxing the richest of the rich will benefit all Americans, a group of the wealthiest Americans says in an open letter to the 2020 presidential candidates.

In a Medium blog post published Sunday, the group of 18 ultra-rich individuals — including George Soros, Facebook co-founder Chris Hughes, heiress Abigail Disney and Molly Munger (the daughter of Berkshire Hathaway’s Charlie) — argue that taxing the richest 1/10 of the richest 1% of Americans is not only fair, it’s vital.

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