John,
Recent reports show outrageous levels of rising inequality in income and wealth.
Last week, CNBC reported that the richest 1% of Americans have amassed more than $44 trillion in wealth.1 And, this week, Forbes reported that America now has a record 813 billionaires who, combined, hold $5.7 trillion in wealth―another all-time high.2
Meanwhile, everyday families continue to contend with rising out of pocket costs on everything from health care to housing to food and more.
How do we address rising levels of income and wealth inequality? Make the rich pay their fair share!
We’re joining with dozens of national allies in demanding Congress pass Elizabeth Warren’s Ultra-Millionaire Tax Act, to tax the wealth of the richest 0.05%―or 100,000 households.3
Help build support across the country and in the halls of Congress for tax fairness policies including the Ultra-Millionaire Tax Act with a donation today. Senator Warren needs our help to advance her new wealth tax legislation, which is critical to making billionaires and ultra-millionaires pay their fair share.
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While we’re fighting to unrig our tax code and level the playing field for low-income and working people, the right wing continues to demand policies that would slash critical programs and services while refusing to even consider higher taxes on their wealthy campaign contributors.
The difference couldn’t be clearer, and that’s why we need your help to build support for Elizabeth Warren’s new Ultra-Millionaire Tax Act, which would tax the wealth of the richest 0.05% and provide the IRS with additional resources to audit at least 30% of these ultra-wealthy households each year.
Donate today to power our advocacy and build support for the Ultra-Millionaire Tax Act!
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In this critical election year, we’re reminding voters and elected officials alike that the only way to invest in our future is to make the wealthy start paying their fair share.
Thank you for your support,
Deborah Weinstein Executive Director, Coalition on Human Needs
1 The wealth of the 1% just hit a record $44 trillion 2 Forbes World’s Billionaires List 2024: The Top 200 3 Ultra-Millionaire Tax Act
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