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