Times are hard for many people. Prices are rising around world. The COVID-19 pandemic and Ukraine War have pushed up food and energy bills. In some countries, price of energy has tripled. In other countries, food is 20 per cent more expensive than year ago. group of wealthy business leaders who own multi-billion-dollar companies has asked their governments to tax them more. leaders met at meeting of global leaders in Davos, Switzerland. group of multi-millionaires and billionaires actually protested in streets. They called for governments to increase taxes for people like them. They marched in streets with left-wing activists. protestors wanted fairer tax systems.
The World Economic Forum has been held in Davos, Switzerland since 1971. World leaders meet there once year to discuss global problems. group of wealthy business people called themselves Patriotic Millionaires. UK millionaire said: "It's outrageous that our political leaders listen to those who have most but know least about economic impact of this cost of living crisis." He said many super-rich people "pay infamously little in taxes". He added: " only acceptable outcome from this conference is to tax richest and tax us now." Another millionaire at protest said: "We have hit the end of the line when another quarter of billion people will be pushed into extreme poverty this year."
