‘Traitors to their class’: meet the super rich who want to be taxed more
A group known as The Patriotic Millionaires, including figures such as Abigail Disney, say the wealthy have too much influence and contribute too little
Morris Pearl knows the power that money can buy. As the former managing director of BlackRock, one of the largest investment firms in the world, he earned millions of dollars, travelled the globe, rubbed shoulders with influential politicians and played pool with Ben Affleck.
But these days, he spends more time calling out the rich than schmoozing them. Now retired from the finance world, he leads a group known as The Patriotic Millionaires, a network of individuals who describe themselves as “traitors to their class”. Their treachery? Loud and sustained calls for higher taxes on the rich.