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Over 400 millionaires and billionaires from the United States plan to send a letter to Congress this week petitioning on lawmakers not to cut their taxes — but to raise taxes on the wealthy, according to a Washington Post report. Instead of calling for tax cuts for the rich, the letter urges lawmakers not to pass any tax bill that “further exacerbates inequality” and adds to national debt.  The move comes at a time when inequality is at its peak since the 1920s and government debt levels are also high. The letter was put together by a group called Responsible Wealth. Most of its signatories come from CaliforniaNew York and Massachusetts, generaly considered Democratic strongholds..


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