John,

The carried interest loophole is a scandalous provision that allows Wall Street's elite -- private equity executives and hedge fund managers -- to exploit our tax system, paying far less than their fair share.

This loophole is a slap in the face to every hard-working American who pays their taxes honestly and fairly. It's outrageous that those with the most can get away with paying the least, exploiting a system that's supposed to be based on fairness and equality.

The Ending the Carried Interest Loophole Act is a crucial piece of legislation designed to end this blatant injustice. By reclassifying 'carried interest' from capital gains to regular income for tax purposes, this act will ensure that the financial elite no longer accumulates wealth through tax scams.

With banks and billionaires fighting us every step of the way by spending millions on high-price lobbyists and political donations to preserve the carried interest loophole, we must fight back to end this unjust practice.

Demand your Senators help end this scam that allows Wall Street fund managers to pay a lower tax rate than working people by telling them to co-sponsor and pass the Ending the Carried Interest Loophole Act.

There’s no denying that Wall Street's power and greed are out of control -- damaging our democracy and our economy.

Allowing millionaires and billionaires to pay a lower tax rate than teachers, firefighters, and nurses is one of the starkest examples of how the system is rigged in favor of the wealthy elite, perpetuating a cycle where the rich get richer at the expense of the working majority.

The super-rich shouldn’t pay taxes at the capital gains rate for managing someone else's money, it is quite literally the opposite of a progressive taxation system. By allowing this loophole to continue, we are telling the wealthy that they are above the rules that govern the rest of us. This is not just a tax issue, it's a moral crisis.

The passage of the Ending the Carried Interest Loophole Act will send a resounding message that we will fix our broken financial system and keep the promise of economic fairness and justice for all.

Your Senators need to hear your anger and your demand for change. Contact them now and make it clear that you expect them to co-sponsor and pass the Ending the Carried Interest Loophole Act.

Let's stand together to make our tax system fair and equitable for all.

- Amanda

Amanda Ford, Director
Democracy for America
Advocacy Fund