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John,
We’re at a critical moment in our history. If that sounds alarming, that’s because it is.
In 2021, the richest 1% of Americans gained $6.5 trillion in wealth. Yet, while they’ve gained an astronomical advantage, the wealth divide has widened, leaving low-wealth families and communities of color far behind.
The financial security that comes from wealth impacts all aspects of our lives — our education, health, ability to hold down a job, secure housing, start a business, and pass on a legacy to future generations. For far too many, that security is simply out of reach.
Prosperity Now has been opening the door to opportunity for those who would otherwise not be able to access it for more than 40 years. As our nation continues to face dramatically growing wealth inequality, the need to accelerate our work has never been more painfully clear.
But it’s going to take a long-term commitment, lots of hard work, and more resources to create the changes that millions of people so desperately need — and it’s going to take the support of people like you.
Building support for Baby Bonds and other national policies that provide children and youth with a substantial investment to begin building wealth and close the racial wealth divide;
Advocating for tax reform that will help low- and moderate-income households to build wealth and get ahead;
Protecting government programs like SNAP and Medicaid that help prevent families from falling deeper into poverty
... and more.
For decades, whole communities, especially families of color, have been actively denied the American Dream — the opportunity to access the kind of financial security that would enable them to change their lives and better care for their families, and achieve wealth parity with White families.
We CAN build an economy where every person, family, and community has the power to build sustainable wealth and prosperity — but it will take all of us acting together to make it happen.
Thank you for your support.
Sincerely,
