Hi,

X. Yes, that’s really Twitter’s new name^1 thanks to the latest baffling
decision from billionaire owner Elon Musk.

Musk made a $44 billion mess and wrecked Twitter over the last nine months
— one billionaire brought a giant social media company into a state of
complete disarray. It’s a mess a billionaire was able to make on a whim
because the mega-rich simply have too much power.

A critical first step in wrestling power back to the people is by taxing
billionaires like Musk to ensure they’re contributing their fair share.
It’s clear, we need to tax billionaires and check the power of the
ultra-rich.

[ [link removed] ]Sign the petition to Congress: Tax the Rich. Tax Elon Musk. It’s time
to end the massive, outsized power of the mega-rich in America.

ADD YOUR NAME

From banning critical journalists^2 and blocking links to rival social
media companies^3 to firing thousands of tech workers (potentially in
violation of the law)^4 and allowing dangerous figures back onto his
platform — Musk has propelled Twitter in a dangerous, reckless direction.

And it’s not just Twitter…or “X”...where Musk is wreaking havoc. Earlier
this year, another one of Musk’s companies, Tesla, fired 30 people “in
retaliation for union activity and to discourage union activity.” Workers
then said the union’s social media posts were hidden from public view ON
TWITTER.^5

Musk made $140 billion during the pandemic. Billionaires on the whole
added $1 trillion to their collective wealth.^6 Yet, the billionaire class
pays far less of a percentage of their earnings in taxes than the average
American.^7 Billionaires exploit our tax system with every loophole they
can find.

The ultra-wealthy aren’t just in control of too much of our social media,
our personal data, and the flows of information in America, they’re
jacking up prices at the gas pump, grocery store, and pharmacy.
Price-gouging at the pump, supermarket, and the drugstore all thanks to
millionaires and billionaires driven by greed and profits.

It’s time to tax the rich to take power away from egomaniacal ultra-rich
CEOs. That means taxing the wealth and businesses of the mega-rich, not
just their income — all the money billionaires hold in stocks only face
taxes once they start to pull their money out of the market.

[ [link removed] ]Add your name: Tax billionaires NOW!

Thanks for taking action,

Tihi and the team at Demand Progress

[ [link removed] ]DONATE

Sources:

 1. Slate, “The Problem With Twitter Wasn’t the Name,” [ [link removed] ]July 23, 2023.
 2. Vice, “Twitter Purges Several Journalists Who Cover Elon Musk,”
[ [link removed] ]December 15, 2022.
 3. Fast Company, “Elon Musk just broke Twitter by banning outside social
links,” [ [link removed] ]December 18, 2022.
 4. LA Times, “Twitter must tell fired workers about severance lawsuit,
judge rules,” [ [link removed] ]December 15, 2022.
 5. Vice, “Tesla Workers Say Twitter Shadowbanned Their Union Account:
NLRB Charge,” [ [link removed] ]February 17, 2023.
 6. The Guardian, "Billionaires add $1tn to net worth during pandemic as
their workers struggle,” [ [link removed] ]January 15, 2021.
 7. The White House, "New OMB-CEA Report: Billionaires Pay an Average
Federal Individual Income Tax Rate of Just 8.2%,” [ [link removed] ]September 23,
2021.
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