Wall Street elites and loaded corporations are going to hate this.
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Democratic Values

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. >>

START WRITING »

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!

START WRITING »
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Washington, DC 20003
United States

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