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John,
Jeff Bezos = $17 billion
Warren Buffett = $47 billion
Elon Musk = $153 billion
That’s how much these billionaires added to their fortunes during the pandemic, with America’s roughly 700 billionaires seeing a whopping $1.7 trillion in wealth gains over the past three years.[1]
While working people have struggled to recover from the pandemic, billionaires have seen their share of national wealth skyrocket, making the already huge gap between the very wealthy and everyone else even more extreme.
Help bring our latest research to voters across the country and demand Congress pass a billionaire minimum income tax so that billionaires pay their fair share of taxes each year, not just when they feel like it.
Polling shows that 74% of likely voters―including majorities of Democrats, Republicans, and independents―support a billionaire minimum income tax, which would guarantee that billionaires pay at least a 25% tax rate on all their income each year, including their increased wealth.[2]
We’re demanding Congress listen to the American people and tax billionaire wealth each year. Doing so lets us invest in, not cut, critical services for working people. Pitch in today!
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
Thank you for fighting for a tax system that works for all of us, not just the wealthy few.
Maura Quint
Campaign Director
Americans for Tax Fairness Action Fund
[1] https://twitter.com/4TaxFairness/status/1656777036743032833
[2] “Polling Compilation: Billionaires Income Tax Plans,” Americans for Tax Fairness, Oct. 5, 2022, and Impact Research Polling Memo, Sept. 20, 2022
-- David's email --
John,
The federal COVID-19 public health emergency declaration formally ended last Thursday and new Americans for Tax Fairness reporting shows that during the last three years of the pandemic, America’s roughly 700 billionaires saw their wealth soar by $1.7 trillion―from $2.95 trillion to $4.65 trillion.[1]
It was a very different three years for the rest of us. Over six million Americans fell ill from the virus and over a million died, and working families are still struggling with the inflation—persistently high prices on everything from food to gas to housing. While billionaires are riding high on their skyrocketing, largely untaxed wealth, working families continue to struggle to fully recover from the pandemic.
Now, congressional Republicans are attacking services that lower costs for working families to pay for making the 2017 Trump tax cuts permanent. We’re fighting back, reminding members of Congress that we can invest in working people and reduce our deficit when millionaires and billionaires pay their fair share.
Help us bring our latest research on billionaires’ untaxed wealth gains to voters across the country. Chip in $5 today to fight for a billionaire minimum income tax so that billionaires pay taxes on their wealth gains each year, not just when they feel like it.
During the pandemic, Jeff Bezos saw his fortune grow by $17 billion―while Amazon was busy union-busting.[2]
Warren Buffett got $47 billion richer while his company denied rail workers sick leave.[3]
And, Elon Musk got $153 billion richer―an increase of 622%―while Musk was also busy union busting as well as buying Twitter in an attempt to control information and the media.[4]
Pitch in today to demand Congress pass a billionaire minimum income tax so that billionaires are paying taxes on their wealth gains each year, just like working people pay on their wages.
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
Together, we’re fighting for a tax system that invests in working people and ensures millionaires and billionaires pay their fair share.
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] https://twitter.com/4TaxFairness/status/1656777036743032833
[2] “‘Old-school union busting’: how US corporations are quashing the new wave of organizing,” The Guardian, Feb. 26, 2023
[3] “Railroad strike negotiations held up by battle over sick time policies,” CNBC, Sep. 13, 2022
[4] “Tesla and Musk Lose Ruling on Factory Union Issues,” New York Times, Mar, 31, 2023
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