John,
While we’ve made progress in our tax code, ensuring―through the Inflation Reduction Act passed a year ago this week―that billion-dollar corporations are finally paying more of their fair share of taxes, billionaires continue to get off scot-free.
That’s because our tax system favors wealth over work, allowing millionaires and billionaires whose income is derived from investment gains to be able to go years, if not forever, without paying a dime in federal income tax even as their fortunes soar.
Now, the Supreme Court is set to hear a case that could determine our ability to tax those unrealized wealth gains―like we’re advocating for in the OLIGARCH Act and the Billionaire Minimum Income Tax. And, Justice Clarence Thomas―in a major conflict of interest―is set to hear this case, even as he continues to accept gifts from his billionaire benefactors.1
We’re demanding Clarence Thomas recuse himself from the forthcoming Moore v. US, so we can get a fair ruling on a case that could determine our ability to tax the wealth gains of the ultra-wealthy.
Donate today to fight for the OLIGARCH Act and the Billionaire Minimum Income Tax so that millionaires and billionaires pay their fair share of taxes, and so we can create an economy and a society that works for everyone, not just the wealthy few.
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
Thank you for all that you do to fight for a future that includes us all.
Meredith Dodson
Senior Director of Public Policy, Coalition on Human Needs
1 Clarence Thomas’ 38 Vacations: The Other Billionaires Who Have Treated the Supreme Court Justice to Luxury Travel
-- DEBORAH'S EMAIL --
John,
We know we can invest in our future when the wealthy start paying their fair share in taxes. But, even as the American people are on our side, billionaires are fighting back, buying off members of Congress and Supreme Court justices alike.
This past week we learned about millions of dollars in unreported gifts to Supreme Court Justice Clarence Thomas from billionaires including GOP mega-donor Harlan Crow, former top executive at Berkshire Hathaway, David Sokol; oil baron Paul “Tony” Noelly; and billionaire businessman H. Wayne Huizenga.[1]
And now, Justice Thomas is set to hear arguments in a new case that could determine whether or not we’re able to tax the unrealized wealth gains of millionaires and billionaires.
We’re fighting for a tax system that ensures the wealthy and corporations are paying their fair share. Because when they do, we can invest in critical programs and services for people with low incomes and marginalized communities from health care to education to nutrition to housing and more.
Donate today to fight for policies that ensure millionaires, billionaires, and corporations are paying their fair share in taxes, so we can invest in families, communities, and our future.
If you've saved your payment information with ActBlue Express, your secure donation will go through immediately:
Together, we’re fighting for policies that support those most in need while ensuring the wealthy and corporations are paying their fair share.
Thank you,
Deborah Weinstein
Executive Director, Coalition on Human Needs
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