A wealth tax funds investments – creates opportunities for lower-income families to extend life expectancies
Louise J. Bowditch et al. 19 -- Louise J. Bowditch is a Trustee at the University of New England; Robert S. Bowditch is a founder and trustee of the Blossom Fund; Abigail Disney is a philanthropist and activist; Sean Eldridge is a political activist; Stephen R. English is a founding co-director of Advancement Project; Agnes Gund is an philanthropist; Catherine Gund director and founder of Aubin Pictures; Nick Hanauer is an American entrepreneur and venture capitalist; Arnold Hiatt is a businessman and president of The Stride Rite Corp.; Chris Hughes is an American entrepreneur; Molly Munger is co-founder of The Advancement Project; Regan Pritzker is the co-founder of Kataly Foundation; Justin Rosenstein is an American software programmer and entrepreneur; Stephen M.Silberstein is a co-founder of Innovative Interfaces; Ian T. Simmons is co-founder of Blue Haven Initiative; Liesel Pritzker Simmons is co-founder of Blue Haven Intitiative; Alexander Soros is chair of the Board of Directors at Open Society Foundations; George Soros is a businessman and philanthropist; Anonymous (“A Call To Action: A Letter in Support of a Wealth Tax”, New York Times, 06-24-2019, https://int.nyt.com/data/documenthelper/1342-wealthtaxletter-june2019/1852b1968e8e0d52b1a0/optimized/full.pdf, Date Accessed 7-7-2023) //TCM
A Wealth Tax Will Make Americans Healthier. America’s most experienced public health experts point out that more resources are needed for major public health challenges like cardiovascular disease, the nation’s top killer, and high levels of opioid addiction.” High rates of inequality have been linked to lower life expectancies.“ The wealthiest Americans are now estimated to live up to 15 years longer than the poorest Americans, and individuals living in disadvantaged communities are more likely to die before the age of 75, regardless of their income level.*” With a modest tax on the most wealthy families to fund investments creating opportunities for lower-income and middle-income families, we can improve public health outcomes and extend life expectancies.