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Abigail Disney wants the government to raise taxes on multimillionaires like herself to fund coronavirus relief, but this isn't the first time the heiress has advocated for a wealth tax
Abigail Disney wants the government to raise taxes on multimillionaires like herself to fund coronavirus relief, but this isn't the first time the heiress has advocated for a wealth tax
Taylor Nicole RogersJul 16, 2020, 20:21 IST
Abigail Disney speaks onstage during the 32nd Anniversary Celebrating Women Breakfast at Marriott Marquis on May 14, 2019 in New York City.Monica Schipper/Getty Images for The New York Women's Foundation
Abigail Disney, an award-winning filmmaker who also happens to be the granddaughter of Walt Disney Co. cofounder Roy Disney, thinks the best way for the United States to fund its COVID-19 relief efforts to by taxing multimillionaires like herself.
The Disney heiress has publicly advocated for the US to implement a moderate wealth tax to close the growing gap between rich and poor Americans for years, even criticizing executives of her family's company when she felt they didn't treat theme park employees well enough.
Disney's plan for a coronavirus wealth tax has support from at least 82 other ultrawealthy people across the globe and the International Monetary Fund (IMF), a global organization that works to promote economic stability.
Abigail Disney thinks she should help foot the massive bill for the United States' uneven coronavirus response.
Increased health care costs and economic stimulus are not the only thing she wants her wealth — and the wealth of her rich peers — to help fund. In various interviews, tweets, and open letters, Disney has long said that the ultrawealthy need to do their part in funding infrastructure improvements, education, and efforts to end systemic poverty throughout the country.
Keep reading to learn more about Abigail Disney's years-long crusade to get her taxes raised.
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Abigail Disney is the granddaughter of The Walt Disney Company cofounder Roy Disney, but has made a name for herself as one of the company's most outspoken critics.
Sean Zanni/Patrick McMullan via Getty Images
Since 2017, Abigail Disney has regularly spoken out about how America's tax system benefits the wealthy.
Rebecca Sapp/Getty Images for International Documentary Association
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In June 2019, Disney co-signed a letter with 18 other ultrawealthy Americans that advocated for a moderate wealth tax.
Abigail Disney attends the Digital Life Design (DLD) conference on January 25, 2009 in Munich, Germany.
Ralph Orlowski/Getty Images for Burda Media
Ahead of the elite World Economic Forum meeting known as Davos in 2020, Abigail Disney coauthored another letter asking more ultrawealthy people to join her cause.
Flickr/worldeconomicforum
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Amid the coronavirus crisis, Abigail Disney is once again speaking out about how a wealth tax could benefit the United States.
Disney and Jerry Greenfield.
Mike Coppola/Getty Images for Women's Media Center / Brendan McDermid/Reuters