John,

Budgets reflect our priorities, whether it’s a family’s budget that prioritizes necessities like food, housing, and education or it’s the federal budget that should prioritize critical public services for working families―while avoiding wasteful expenditures, such as tax handouts to the wealthy and big corporations.

President Biden recently released his proposed budget for next year. And as with all the spending plans of his presidency, it keeps his promise to invest in healthcare, childcare, education, housing, and more―completely paid for by substantially raising taxes on the wealthiest households and most profitable corporations.

Biden’s budget would raise nearly $5.3 trillion in tax revenue, exclusively from the wealthy and corporations. No one making less than $400,000 a year would pay more. He would then invest $2.3 trillion to expand vital public services for working families and use the remaining nearly $3 trillion to reduce the national debt.

The budget would expand Social Security by making millionaires and billionaires pay more of their fair share. Contrast this with an interview that Donald Trump gave this week on CNBC where he said, "There is a lot you can do in terms of entitlements [his term for earned benefits like Social Security] in terms of cutting."

We’ve created an infographic to help bring Biden’s budget to the American people. Check it out below, then donate today to help bring news of Biden’s budget to voters across the country.

In the face of uniform resistance from Republicans in Congress, President Biden continues his effort to force the rich and corporations to pay their fair share of taxes and use the revenue to lower costs and expand opportunities for working families.

If we want to provide free pre-K for 2 million four-year olds and expand child care for 16 million children―costing $600 billion―we can, when the wealthy and large profitable corporations pay their fair share of taxes.

If we want to extend Affordable Care Act healthcare subsidies to expand coverage to 3.4 million people in the 10 states that have not adopted ACA Medicaid expansion―costing $473 billion―we can, when the wealthy and large profitable corporations pay their fair share of taxes.

If we want to expand the Child Tax Credit for 66 million children and make the full amount available to all families, regardless of income―costing $310 billion―we can, when the wealthy and large profitable corporations pay their fair share of taxes.

If we want to establish a national paid family and medical leave program that allows workers 12 weeks off to care for loved ones without losing their paychecks―costing $325 billion―we can, when the wealthy and large profitable corporations pay their fair share of taxes.

There is so much we can do to lower costs for working families and invest in an economy for our future when millionaires, billionaires, and billion-dollar corporations start paying their fair share in taxes.

Donate today to bring our latest infographic to millions of voters across the country and continue to fight for an economy that puts working people first.

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This is the future we’re fighting for. Together, let’s make it a reality.

Thank you,

David Kass
Executive Director
Americans for Tax Fairness Action Fund