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John,
As the world's leading economies prepare to gather for the upcoming G20 summit, there is a crucial opportunity to address the growing wealth inequality that plagues both developed and developing nations.
Decades of policy decisions that favor the ultra-wealthy have allowed a small subset of billionaires to amass unimaginable fortunes, while too many struggle to afford basic necessities.
It's time for the wealthy elite to pay their fair share.... And even the rich agree, with a recent poll showing that 75% of millionaires in G20 nations support a 2% wealth tax on billionaires.
Whether through lobbying, regulatory capture, or the revolving door between government and private sectors, the ultra-wealthy shape policies to protect and grow their fortunes at the expense of the common good.
Help rewrite the rules of the global economy to prioritize the flourishing of all people and our planet. Tell U.S. Treasury Secretary Janet Yellen to endorse a global minimum tax on billionaire wealth ahead of the G20 summit.
A billionaire wealth tax with an established minimum rate would be a significant step towards creating a more equitable international tax system.
It would generate substantial revenue that could be reinvested into policies, programs, and services that uplift the most vulnerable populations.
The potential benefits are transformative, from funding sustainable development to improving education and healthcare access to building affordable housing and green infrastructure.
That’s why we must fight to end tax avoidance utilized by the ultra-wealthy who exploit loopholes and offshore havens to hoard wealth across borders.
Add your name to urge U.S. Treasury Secretary Janet Yellen to endorse a global minimum billionaire tax before the G20 summit later this year.
Thank you for demanding the ultra-rich finally pay their fair share.
- Amanda
Amanda Ford, Director
Democracy for America
Advocacy Fund
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