Hassan Heikal on His 'Tahrir Square Tax'

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Egyptian anti-government demonstrators hold their national flag as they gather at Cairo's Tahrir Square on February 10, 2011.
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Economic inequality is the primary motivation for the Occupy protests that began in New York and have since gone global. A clear-cut solution for restoring financial stability and easing public disgruntlement, stateside or in the burgeoning European debt crisis, is nowhere in sight. But one millionaire claims to have an answer.

Hassan Heikal, the CEO of EFG Hermes, is proposing the "Tahrir Square tax" which would impose a 10 to 20 percent tax on everyone making more than $10 million.