The coronavirus crisis seems to be spinning out of control. On Thursday, the world recorded its worst single-day rise in infections - almost a quarter of a million in just 24 hours. Cities that had declared a tentative victory - are falling back under lockdown, one by one. The return of restrictions is an economic disaster for many nations already suffering from the first wave. Governments say they're doing what they can, and some are bailing out flatlining industries. Others have chosen to spend big - to create jobs, encourage spending and reduce individuals' debt. And some have chosen welfare and public sector cuts too. Now a group of millionaires is saying that cash - or at least part of it - should come from them. The collective of 83 wealthy people around the globe has penned a letter calling themselves 'Millionaires for Humanity'. The headline: Raise taxes on people like us. Immediately. Substantially. Permanently. But will governments answer the millionnaires' call? And how popular is this idea? Presenter: Laura Kyle Guests: Morris Pearl, Chair of Patriotic Millionaires. A participant in ' Millionaires for Humanity' who has signed the petition. Arun Advani, Assistant Professor of Economics and Impact Director of the CAGE Research Centre at University of Warwick. Ana Caistor Arendar, Head of Inequality Campaign and Policy at Oxfam. - Subscribe to our channel: aje.io/AJSubscribe - Follow us on Twitter: twitter.com/AJEnglish - Find us on Facebook: www.facebook.com/aljazeera - Check our website: www.aljazeera.com/ #AlJazeeraEnglish #InsideStory #COVID19

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