As you meet in Davos again this year, understand this: the phenomenon of concentrated and extreme wealth is corroding all we hold dear. 

Wealth is no longer simply about worth. It is about control. If you, our elected leaders, continue to neglect the crisis of wealth extremism, the fractured foundations of our hard-won democracies will face further harm.

Across the world, some of those who enjoy the same economic status as us also enjoy untold levels of influence and power. A handful of extremely wealthy human beings control the media, which cajoles, persuades, and sometimes misinforms; they unduly influence our legal systems, transforming justice into injustice; and are helping manage our democracies into decline.

We should be worried about where this is taking us. Oligarchy cannot be born from the political fear of upsetting the super rich. 

You may dismiss this as hyperbole, but we know differently. We are people who have wealth. We know how money can buy access. Our experience tells us the super rich are offered more of a say than everyone else. This is the uncomfortable truth. Trust in our democracies is dwindling because political leaders have spent too much time indulging us, the political donor class, and too little time delivering for all people. The result is the worst inequality in a hundred years. 

The defense and special privilege of extreme wealth cannot continue. We must draw the line. 

This should not be difficult. There is a simple solution that can be delivered quickly. You must tax us, the super rich. 

Millionaires want this, the public wants it, and our global politics demands it. Beyond a small minority of those determined to preserve their outsized influence and unearned position, who is stopping you? 

Millionaires in G20 countries believe that extreme wealth buys political influence and consider it a threat to democracy. We do not want or need any more access or power. Instead, we want those we elect to build a better future with just democracies, strong economies that serve everyone, a flourishing planet, and societies where we all can thrive. 

We have to draw the line and call time on extreme wealth. And you have to deliver that for all of us. 

Start with the simplest solution: tax us, the super rich.

Sincerely

Undersigned