The sound system played Pink Floyd’s Money as the Patriotic Millionaires assembled in the boutique Eaton hotel in Washington DC last week. After compulsory Covid tests there was a lot of well-heeled hugging and laughter among a crowd that looked like extras from Succession as they sat down at tables stacked with M&Ms stamped with “tax the rich”.
This was the first time since the pandemic that the Patriotic Millionaires had assembled together in person. The group, founded in 2010, is made up of high net worth individuals who believe – counterintuitively these days – that the really rich should pay more taxes. And after a dozen often frustrating years some of them now believe change is coming.
