Why Billionaires Seek Higher Taxes On Super-Rich
By: Nikhil Pandey
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21 Jan 2026
Nearly 400 millionaires and billionaires demand higher taxes on the super-rich globally
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Signatories include Mark Ruffalo, Brian Eno, and Abigail Disney, who urge action now
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The group warns that extreme wealth is polluting politics and driving social exclusion worldwide
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A survey of 3,900 millionaires found 77% believe the super-rich buy political influence shamelessly
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Two-thirds of respondents support higher taxes on the super-rich for public services funding
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Oxfam reports a record 3,000 billionaires globally, with unprecedented wealth growth last year alone
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The richest 1% now own three times more wealth than the world's total public wealth combined
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Governments must prioritize reducing inequality through taxes on the super-rich, urges Oxfam director
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linkedin.com/company/oxfam/
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