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‘Hulk’ star Ruffalo joins call for global wealth tax

By jennifer | on May 25, 2022 |
Business

US actor Mark Ruffalo on Tuesday joined a call by over 150 wealthy people for governments to tax them more, as global elites and policymakers met at the World Economic Forum in Swiss resort Davos.

The face of Hulk in a decade of Marvel movies was one of dozens of new millionaires to put their names to an open letter titled “In Tax We Trust”, which was first delivered to attendees at a virtual WEF conference in January.

“While the world has gone through an immense amount of suffering in the last two years, we have actually seen our wealth rise during the pandemic — yet few if any of us can honestly say that we pay our fair share in taxes,” the letter read.

The Patriotic Millionaires group said it had boosted the number of signatories to over 150 by May, from 100 in January.

Its chairman Morris Pearl, a former managing director at mammoth asset manager BlackRock, vowed in a statement to “continue to pressure global leaders to heed our call: tax the rich before it’s too late”.

But Organisation for Economic Cooperation and Development (OECD) secretary-general Mathias Cormann said that wealth taxes could be less effective than other revenue-raising options.

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