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John,
The way we address rising levels of income and wealth inequality and invest in working families is through an annual tax on the wealth gains of billionaires and ultra-millionaires.
That’s why we’re building support for the Billionaires Income Tax in the Senate, and the Billionaire Minimum Income Tax in the House. And polling shows that our campaign is working with 74% of voters―including majorities of Democrats, Independents and Republicans―supporting a tax on billionaires’ wealth gains.[1]
Now, in this critical election year, we need to build support to tax billionaire wealth gains in the halls of Congress and on campaign trails in Senate and House races across the country.
Donate today to power our campaign demanding members of Congress and congressional candidates make taxing the wealth gains of billionaires a cornerstone of their campaigns. The ultra-wealthy should pay their fair share of income taxes each year, just like working people do!
According to Americans for Tax Fairness research, 26 top billionaires paid an average income tax rate of just 4.8% over 6 recent years when all their income is counted―far less than the top income tax rate of 37%.[2]
This is because the ultra-wealthy’s largest source of income each year is the growth of the value of their investments. And, unlike income from work, investment income isn’t taxed until the investment is sold.
The ultra-rich shouldn’t get away with paying lower tax rates than regular working people. That’s why we’re building massive support for the Billionaires Income Tax and Billionaire Minimum Income Tax.
Donate today to power our campaign demanding members of Congress and candidates making taxing the wealth gains of billionaires a cornerstone of their campaigns this year!
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 works for everyone, not just the wealthy few.
David Kass
Executive Director
Americans for Tax Fairness Action Fund
[1] Polling Compilation: Billionaires Income Tax Plans
[2] BASED ON THEIR WEALTH GROWTH, 26 TOP BILLIONAIRES PAID AN AVERAGE INCOME TAX RATE OF JUST 4.8% OVER 6 RECENT YEARS
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