Warren for Senate: [link removed]

Did you
catch the State of the Union on Thursday? 

President Biden spoke about a lot of important issues during his address —
but I want to talk about one in particular.

It’s an issue that threads many, many issues together. Look, if you care
about our climate, if you care about making heath care affordable, if you
care about the future of our children, if you care about housing, if you
care about expanding opportunity, then you have to care about our tax
code.

President Biden said it best: No billionaire in our country should pay a
lower tax rate than a teacher, a sanitation worker, or a nurse. But our
current tax system allows it — and Donald Trump made sure of that.

While in office, Trump passed a tax law that gave billionaires and wealthy
corporations $2 trillion in tax breaks. That’s trillion — with a T. It’s
one of his only substantial “accomplishments” as president.

Our tax code allows the 1,000 billionaires in America to pay an average
federal tax rate that's far less than the vast majority of Americans pay.

So President Biden has proposed a minimum tax of 25% for billionaires to
right this wrong. But wait, there’s more — we can’t forget about wealthy
corporations, too.

In 2020, 55 of the biggest companies in America made $40 billion in
profits and paid zero in federal income taxes. Z-e-r-o.

Congress started to tackle this by passing my bill to make billionaire
corporations pay a minimum 15% of their profits in taxes. This produced
enough money to cover all of the climate proposals in the Inflation
Reduction Act.

It was a strong start, and President Biden is taking it a step further,
proposing we raise it to 21%. He also included his objective to end tax
breaks for Big Pharma, Big Oil, private jets, and massive executive pay.

These changes can help create affordable child care and paid family leave,
fund our public schools and housing, invest in affordable housing and
health care...the list goes on.

Look, when we consider the two-trillion-dollar question of “Who does our
government work for?” — the answer is in our tax code.

Do we want our government to work for rich and powerful people and
companies — to help make them more rich and more powerful? Or do we want
our government to work for the middle class?

I understand that conversations about the tax code can get wonky. I know
that on its surface the tax code isn’t the most invigorating issue.

But like President Biden said, it boils down to a simple question of
fairness. How can we get everyone to pay their fair share, and give
everyone a fair shot?

Good tax policy is good for every issue we want to tackle. And that’s damn
good politics.

I’ll keep doing everything in my power to make sure millionaires,
billionaires, and giant corporations are paying their fair share in taxes
— by championing President Biden, and fighting for my plans to pass a
wealth tax on fortunes greater than $50 million and end lobbying as we
know it so big money won’t have so much power in Washington.

[ [link removed] ]I’m able to stay in these fights because I’m shoulder to shoulder with
people like you. Can you help grow our
grassroots campaign and support my re-election with a donation of
$28 or any
amount?



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Thanks for being a part of this,

Elizabeth



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