John,

Sky-high costs on everything from groceries to childcare to healthcare to eldercare are squeezing working families across the country.

The best way to reduce what families pay for vital goods and services is to demand the rich and corporations pay their fair share in taxes, and then invest the resulting revenue in working people and communities. And American voters agree with us.

New polling shows that more than 7 in 10 Americans “support raising taxes on the wealthy and big corporations.”[1]

Tonight, when President Biden addresses the nation in his State of the Union speech, he is widely expected to make this case to the American people:

Biden backs up this call to action with policies such as his Billionaire Minimum Income Tax, which would ensure that households worth $100 million or more are paying taxes on their wealth gains each year, just like working people pay on their wages.

Biden has called for increasing the corporate tax rate from 21% to 28%. He already succeeded in ensuring billion-dollar corporations are paying a 15% minimum tax rate, so that no large profitable corporations get away with paying $0 in taxes. But there’s more work to do to ensure wealthy corporations are paying their fair share.

We’re fighting for these policies and more, including raising the tax on stock buybacks from 1% to 4% so that corporations that are enriching CEOs and wealthy shareholders instead of investing in workers’ wages are paying their fair share in taxes.

We’re fighting to make millionaires and billionaires pay more of their fair share into Social Security and Medicare.

And, we’re fighting to defend the IRS against GOP attacks, so the IRS can continue to crack down on wealthy and corporate tax cheats.

Donate today to power our campaign fighting to unrig our tax system and demand an economy that works for everyone, not just the wealthy few.

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In this pivotal election year, we need to continue to fight for policies that put working people first.

Thank you,

David Kass
Executive Director
Americans for Tax Fairness Action Fund