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John,
If you’re anything like us, you’re hoping for greater economic justice in America and ready for our government to make corporations and the uber rich finally pay their fair share of taxes.
We’ve got good news for you, then. Last month, President Biden released his budget proposal for fiscal year 2025. It’s jam-packed with policies that would move us towards financial equity — and Wall Street is going to hate it!
Join us and press “start writing” to urge your members of Congress to pass Biden’s budget. >> [[link removed]]
START WRITING » [[link removed]]
Here are just some of the things Biden’s budget would do to even the playing field:
*
Raise
corporate
tax
rates
to
reverse
the
giant
2017
giveaway
signed
by
the
previous
President,
and
ensure
that
billion-dollar
corporations
are
paying
their
fair
share.
*
Restore
full
funding
to
the
IRS
so
they
can
go
after
wealthy
tax
cheats.
*
Put
an
end
to
capital
income
tax
breaks
and
other
breaks
(like
the
carried
interest
loophole)
for
the
very
wealthy,
to
ensure
that
income
derived
from
capital
isn’t
given
preferential
treatment
--
and
that
finally,
the
very
well-off
will
start
paying
something
closer
to
their
fair
share
of
taxes.
*
Deliver
very
significant
tax
savings
for
working
families
through
expansion
of
the
Child
Tax
Credit
and
Earned
Income
Tax
Credit.
*
Quadruple
the
tax
on
corporate
stock
buybacks
from
1%
to
4%,
to
slow
down
this
Wall-Street-favoring
practice
that’s
become
all
too
common,
and
instead
encourage
corporations
to
invest
in
workers
and
productivity
enhancements.
*
Eliminate
unproductive,
planet-destroying
tax
subsidies
for
oil,
gas
and
fossil
development
at
a
time
when
oil
companies
are
making
obscene
levels
of
profit
and
the
catastrophic
risks
to
our
shared
climate
could
not
be
any
clearer.
Unfortunately, some Members of Congress are bankrolled by Wall Street elites and loaded corporations — they’re sure to reflexively oppose any legislation that will stop them from lining their own pockets. But remember, it’s an election year this year, and these members of Congress are desperate to get reelected and preserve the public’s opinion about them.
That’s why we’ve joined this letter-writing campaign to urge our Senators and Representatives to take action and pass Biden’s budget.
Click “Start Writing” to send letters to your Senators and Representative, and tell them to support the President's budget proposal now! [[link removed]]
START WRITING » [[link removed]]
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